61258 Hooppole, IL is a small town located in Henry County with a population of around 500 people. This quaint community offers affordable living and a close-knit atmosphere that many people enjoy. The average two bedroom rent in this area is just $800, which is significantly lower than the national average of $1,430 for two bedrooms. Additionally, grocery prices are more affordable in 61258 Hooppole, IL as the Grocery Cost Index is 90 compared to the US index of 100.
The local economy offers many amenities for its small population. The local businesses include Hoopole Feed & Grain, Lane Oil Company, Shryocks Farm Equipment Service and Repair, and Sch Lumber Co. Residents can shop at nearby stores such as Walmart and Kmart, or visit one of the many small shops located downtown. For outdoor recreation residents can take advantage of camping sites around nearby Lake Erie or pay a visit to the local park. 61258 Hooppole, IL has much to offer those looking for an affordable place to call home with plenty of charm and amenities available year-round.
Hooppole (zip 61258) has an unemployment rate of 5.9%. The US average is 6.0%.
Hooppole (zip 61258) has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Hooppole (zip 61258)
- The Sales Tax Rate for Hooppole (zip 61258) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hooppole (zip 61258) 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 Hooppole (zip 61258)
- The average income of a Hooppole (zip 61258) resident is $19,141 a year. The US average is $37,638 a year.
- The Median household income of a Hooppole (zip 61258) resident is $41,094 a year. The US average is $69,021 a year.