East Hopewell, PA Economy


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East Hopewell, PA is a great place to live with many job opportunities. There are local companies and businesses such as Pine Hill Farms, Inc., Garrett Farm Market, and Countryside Floral & Garden Center that provide jobs in the area. The cost of living in East Hopewell is lower than the US average, with 2 bedroom rents at $1,040 compared to $1,430 for the US average. Additionally, the Grocery Cost Index in East Hopewell is 106 versus 100 for the US average overall. All this makes East Hopewell an ideal destination for those looking for an affordable place to live with good job opportunities.

East Hopewell has an unemployment rate of 6.0%. The US average is 6.0%.

East Hopewell has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for East Hopewell
- The Sales Tax Rate for East Hopewell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Hopewell is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for East Hopewell
- The average income of a East Hopewell resident is $31,116 a year. The US average is $28,555 a year.
- The Median household income of a East Hopewell resident is $96,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Hopewell, PennsylvaniaUnited States
  66
  -5.6%-6.2%
  27.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $41,804$37,638
  $96,500$69,021
  $103,750$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  17.1%6.8%
  9.3%10.0%
  3.8%2.5%
  12.2%11.0%
  2.3%4.8%
  0.8%0.8%
  1.4%1.9%
  2.5%4.7%
  1.4%1.9%
  4.1%7.6%
  0.0%0.1%
  2.8%4.2%
  9.1%9.3%
  13.4%14.0%
  1.5%2.1%
  4.7%7.0%
  6.6%4.8%
  3.8%4.7%
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