Hoople, ND Economy


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United States / North Dakota / No Metro Area / Walsh County / Hoople / Zip Codes
Hoople, ND is a small city located in North Dakota. It boasts an affordable cost of living, with the average two bedroom rent being $800 compared to the US average of $1,430. Grocery costs are also lower than the US average with an index of 91. The city is home to a variety of businesses that serve local citizens and visitors alike. Popular companies include Hoople Pharmacy, Fehr's Department Store, and Main Street Cafe. These establishments offer a variety of goods and services for residents, from department store shopping to delicious home-cooked meals at Main Street Cafe.

Hoople has an unemployment rate of 5.8%. The US average is 6.0%.

Hoople has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Hoople
- The Sales Tax Rate for Hoople is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Hoople is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hoople
- The average income of a Hoople resident is $24,193 a year. The US average is $28,555 a year.
- The Median household income of a Hoople resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoople, North DakotaUnited States
  5.86
  -2.1%-6.2%
  23.2%33.5%
  5.3%6.2%
  2.0%4.6%
  $31,707$37,638
  $58,750$69,021
  $63,750$85,028
  Population by Occupation
  33.3%1.2%
  0.0%0.5%
  10.3%6.8%
  3.4%10.0%
  7.7%2.5%
  6.8%11.0%
  8.5%4.8%
  0.9%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  0.0%4.2%
  15.4%9.3%
  3.4%14.0%
  0.0%2.1%
  0.0%7.0%
  2.6%4.8%
  4.3%4.7%
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