Hopedale, MA (Zip Code 01747) is a small town located in Worcester County with a population of just over 5,000 people. The median 2 bedroom rent in Hopedale is $1,960, which is higher than the US average of $1,430. It is also known for its low crime rate and excellent schools. The Grocery Cost Index in Hopedale is 107, which is higher than the average 100 in the United States. Local businesses in Hopedale are mainly concentrated around retail and service industries such as McMillan's Chevrolet Buick GMC, Appleseed Furniture & Upholstery, and Joseph Ryan Manufacturing. There are also many restaurants and shops that offer locals a variety of options to choose from for entertainment or dining out purposes.
Hopedale (zip 01747) has an unemployment rate of 6.7%. The US average is 6.0%.
Hopedale (zip 01747) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Hopedale (zip 01747)
- The Sales Tax Rate for Hopedale (zip 01747) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hopedale (zip 01747) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopedale (zip 01747)
- The average income of a Hopedale (zip 01747) resident is $40,410 a year. The US average is $28,555 a year.
- The Median household income of a Hopedale (zip 01747) resident is $113,300 a year. The US average is $69,021 a year.