Good Hope, OH is a great place to live for families looking for a comfortable lifestyle. The city's two bedroom rent of $860 is significantly lower than the US average of $1,430. In addition to having an affordable housing market, Good Hope also offers a grocery cost index of 96 compared to the US average of 100. These factors make Good Hope and attractive place to live for those on a budget. The area also boasts several local companies such as ‘Good Hope Hardware’, ‘Good Hope Bakery’, and ‘The Grocery Store’ which provide necessary services and employment opportunities in the local economy. The city has also seen an increase in small businesses over the past few years such as cafes, boutiques, and restaurants that bring further economic benefit to the city.
Good Hope has an unemployment rate of 4.7%. The US average is 6.0%.
Good Hope has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Good Hope
- The Sales Tax Rate for Good Hope is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Good Hope is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Good Hope
- The average income of a Good Hope resident is $26,577 a year. The US average is $37,638 a year.
- The Median household income of a Good Hope resident is $0 a year. The US average is $69,021 a year.