New Hope, AL (35760) is a small city located in Madison County with an estimated population of only 1,965 people. According to recent data, the average 2 Bedroom rent for this area is $910, which is almost $500 less than the national average of $1,430. This makes New Hope a great place to find affordable housing. There are several local companies such as Trinity Property Management and JH Berry & Gilbert Commercial Real Estate that offer two bedroom apartments for rent in this area. These apartments tend to be significantly less expensive than the national average with prices ranging anywhere from $700-$1000 depending on the location and amenities provided. For those looking for a bargain on 2 Bedroom rentals, New Hope has plenty of options to choose from.
New Hope (zip 35760) has an unemployment rate of 2.5%. The US average is 6.0%.
New Hope (zip 35760) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for New Hope (zip 35760)
- The Sales Tax Rate for New Hope (zip 35760) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Hope (zip 35760) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Hope (zip 35760)
- The average income of a New Hope (zip 35760) resident is $26,244 a year. The US average is $37,638 a year.
- The Median household income of a New Hope (zip 35760) resident is $59,297 a year. The US average is $69,021 a year.