New Hope, PA (18938) is a quaint town situated in Bucks County along the banks of the Delaware River. It offers its residents a world of opportunities, with an array of local businesses and amenities that make life comfortable and enjoyable. The 2 bedroom rent in New Hope is $1,880, compared to the US average rent for 2 bedrooms at $1,430. Furthermore, the Grocery Cost Index in New Hope is 114 versus 100 in the US.\nThe town has a vibrant mix of local businesses and organizations; some notable ones include The Inn at Bowman’s Hill for accommodation and dining options, The Centre Bridge Inn for American cuisine and live music entertainment, New Hope Winery for wine tasting experiences, Narberth Pharmacy for pharmaceutical products, Janssen's Market & Deli for groceries and takeout meals, and Jazzercise New Hope Fitness Center for health conscious individuals. Each business offers something unique to the community and is essential to providing locals with their needs.
New Hope (zip 18938) has an unemployment rate of 6.1%. The US average is 6.0%.
New Hope (zip 18938) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for New Hope (zip 18938)
- The Sales Tax Rate for New Hope (zip 18938) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Hope (zip 18938) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Hope (zip 18938)
- The average income of a New Hope (zip 18938) resident is $92,057 a year. The US average is $37,638 a year.
- The Median household income of a New Hope (zip 18938) resident is $133,320 a year. The US average is $69,021 a year.