Hopkins County, TX Economy


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United States / Texas / / Hopkins County / Cities / Zip Codes
Hopkins, TX County is a great place to live with plenty of amenities and activities available to the local population. The average 2 bedroom rent in Hopkins is slightly lower than the US average at $920 per month. Grocery costs are also more affordable than the national average with an index of 95 compared to 100.
The county offers many local businesses such as K’s Grocery Store, Tejas Home Improvement Center and Angel Shoes & More. There are also many points of interest in Hopkins such as the Hopkins Park Splash Pad which offers a refreshing way to cool off during hot summer days; Hopkins Lake which provides a peaceful setting for nature lovers; and the Last Chance Saloon & Grill, a popular downtown hangout spot featuring live music, pool tables, and karaoke nights for a fun evening out.

Hopkins County has an unemployment rate of 5.3%. The US average is 6.0%.

Hopkins County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Hopkins County
- The Sales Tax Rate for Hopkins County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hopkins County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hopkins County
- The average income of a Hopkins County resident is $21,674 a year. The US average is $28,555 a year.
- The Median household income of a Hopkins County resident is $57,745 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHopkins, TexasUnited States
  5.36
  -2.5%-6.2%
  27.8%33.5%
  6.8%6.2%
  0.0%4.6%
  $28,882$37,638
  $57,745$69,021
  $71,194$85,028
  Population by Occupation
  2.9%1.2%
  1.1%0.5%
  9.5%6.8%
  12.1%10.0%
  4.3%2.5%
  12.9%11.0%
  5.4%4.8%
  1.7%0.8%
  1.2%1.9%
  3.6%4.7%
  1.8%1.9%
  3.7%7.6%
  0.0%0.1%
  3.0%4.2%
  10.1%9.3%
  11.3%14.0%
  0.9%2.1%
  4.8%7.0%
  5.9%4.8%
  3.8%4.7%
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