61747 Hopedale, IL is a small town located in Tazewell County with a population of 799 people. The cost of renting a two bedroom apartment in 61747 Hopedale, IL is $870 which is significantly lower than the national average of $1,430 for the same type of rental property. Homeowners can benefit from the low cost of housing with median house values in 61747 Hopedale, IL standing at $89,600 compared to the US median house price of $184,700. Local companies that are based in 61747 Hopedale,IL include West Side Automotive Inc., Fantasia Hair Salon & Tanning Salon; and Jenny’s Country Kitchen. Grocery Cost Index for 61747 Hopedale, IL stands at 96 versus 100 in the US. Living costs such as transportation and utilities are also relatively low compared to other cities making it an attractive option for families looking to move away from more expensive cities without sacrificing amenities or quality of life.
Hopedale (zip 61747) has an unemployment rate of 5.7%. The US average is 6.0%.
Hopedale (zip 61747) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Hopedale (zip 61747)
- The Sales Tax Rate for Hopedale (zip 61747) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hopedale (zip 61747) 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 Hopedale (zip 61747)
- The average income of a Hopedale (zip 61747) resident is $37,945 a year. The US average is $37,638 a year.
- The Median household income of a Hopedale (zip 61747) resident is $81,389 a year. The US average is $69,021 a year.