Hopkinton, IA (52237) is a small rural town with a population of approximately 1,300 people. The 2 bedroom rent in Hopkinton is significantly lower than the US average, at just $820 per month. In addition to having low rental costs, Hopkinton provides great value for grocery shoppers with a Grocery Cost Index of 96 compared to the US average of 100.
For businesses looking to settle in the area, this small community offers plenty of local options. Notable companies include G&Z Used Auto Parts, Korte Electric & Home Furnishings, and J&J Specialty Foods. Residents also have access to amenities provided by local retailers like Primitive Treasures Boutique and Country Fare Quilts & Crafts. Health care services are provided by Hopkinton Family Care Clinic and there are plenty of banking options available through Citizens State Bank and US Bank branches located in town.
Hopkinton (zip 52237) has an unemployment rate of 3.7%. The US average is 6.0%.
Hopkinton (zip 52237) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Hopkinton (zip 52237)
- The Sales Tax Rate for Hopkinton (zip 52237) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hopkinton (zip 52237) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopkinton (zip 52237)
- The average income of a Hopkinton (zip 52237) resident is $28,927 a year. The US average is $37,638 a year.
- The Median household income of a Hopkinton (zip 52237) resident is $76,434 a year. The US average is $69,021 a year.