01748 Hopkinton, MA is a relatively small town located in the Greater Boston area with a population of around 20,000 people. Rent for a two bedroom apartment in Hopkinton is $2,740 compared to the national average of $1,430. Grocery costs in Hopkinton are also higher than average at 112 compared to the national index of 100.
Hopkinton locals have access to a wide range of local businesses and amenities including popular restaurants like Cafe on The Common and Route 85 Diner. Other local businesses include carpet and flooring stores like Floor 'N More Carpet One Floor & Home and hardware stores like Thayer's Building Supply & Ace Hardware. For entertainment and leisure activities there are plenty of options as well such as hiking trails at nearby Upton State Forest or go-karting at MB2 Raceway.
Hopkinton (zip 01748) has an unemployment rate of 5.2%. The US average is 6.0%.
Hopkinton (zip 01748) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Hopkinton (zip 01748)
- The Sales Tax Rate for Hopkinton (zip 01748) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hopkinton (zip 01748) 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 Hopkinton (zip 01748)
- The average income of a Hopkinton (zip 01748) resident is $55,334 a year. The US average is $28,555 a year.
- The Median household income of a Hopkinton (zip 01748) resident is $179,192 a year. The US average is $69,021 a year.