Hopewell, VA 23860 is an ideal spot for those looking to enjoy suburban living. With a two bedroom rental of $1,100 and grocery cost index of 95 compared to the US average of 100, it’s clear that living in Hopewell means more bang for your buck. This area offers plenty of entertainment and shopping opportunities with local favorites like the Beacon Theatre, Appomattox River Company, and The Nail Lounge. There are also a variety of restaurants like California Pizza Kitchen and Sal’s Italian Ristorante. With such an affordable cost of living combined with convenient access to great amenities - Hopewell is a no-brainer for anyone looking for the perfect home away from home.
Hopewell (zip 23860) has an unemployment rate of 9.5%. The US average is 6.0%.
Hopewell (zip 23860) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Hopewell (zip 23860)
- The Sales Tax Rate for Hopewell (zip 23860) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Hopewell (zip 23860) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopewell (zip 23860)
- The average income of a Hopewell (zip 23860) resident is $22,630 a year. The US average is $37,638 a year.
- The Median household income of a Hopewell (zip 23860) resident is $48,989 a year. The US average is $69,021 a year.