Hopewell township (Huntingdon County), PA Economy


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United States / Pennsylvania / Huntingdon Metro Area / Huntingdon County / Hopewell township (Huntingdon County) / Zip Codes
Hopewell Township (Huntingdon Cnty), PA is a small town with a population of about 1000 people. The town has plenty of local businesses including grocery stores, restaurants, and banks. The overall cost of living in Hopewell Township is not too high compared to other places in the country as the rent for 2-bedroom apartments is only $840 a month and the Grocery Cost Index here is equal to the national average. Furthermore, there are many job opportunities in Hopewell Township which helps to support its economy. Companies like Huntingdon Valley Bank, Magee Pharmacy, and Big Bear Chocolates are some of the major employers in the area providing people with rewarding careers. All these aspects contribute to making Hopewell Township (Huntingdon Cnty) an ideal place to live and work with plenty of opportunities for economic growth.

Hopewell township (Huntingdon County) has an unemployment rate of 8.8%. The US average is 6.0%.

Hopewell township (Huntingdon County) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Hopewell township (Huntingdon County)
- The Sales Tax Rate for Hopewell township (Huntingdon County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hopewell township (Huntingdon County) 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 Hopewell township (Huntingdon County)
- The average income of a Hopewell township (Huntingdon County) resident is $27,787 a year. The US average is $37,638 a year.
- The Median household income of a Hopewell township (Huntingdon County) resident is $54,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHopewell township (Huntingdon County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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