Hopwood, PA is a small town located in Fayette County, Pennsylvania. It is known for its charming rural atmosphere and affordable cost of living. The average rent for a two-bedroom apartment in Hopwood is $910 compared to the national average of $1,430. The grocery cost index in Hopwood is also lower than the US index, at 99 compared to 100. In addition to low rental prices and groceries, Hopwood offers many popular local businesses such as Longstreth Sporting Goods, Kimball's Automotive Repair, and O'Carroll's Pub & Grille. With its affordable cost of living and unique local attractions, Hopwood is an ideal place to live for those seeking a relaxed rural lifestyle.
Hopwood has an unemployment rate of 10.2%. The US average is 6.0%.
Hopwood has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Hopwood
- The Sales Tax Rate for Hopwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hopwood is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopwood
- The average income of a Hopwood resident is $23,685 a year. The US average is $28,555 a year.
- The Median household income of a Hopwood resident is $43,750 a year. The US average is $69,021 a year.