Zip 53816 (Mount Hope, WI) Economy


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United States / Wisconsin / Platteville Metro Area / Grant County / No City / Mount Hope (zip 53816)
Mount Hope, WI 53816 is a great place to call home. It has all the benefits of city living without the hustle and bustle of larger metropolitan areas. The average two bedroom rent in Mount Hope is $820, significantly lower than the US average of $1430. Food costs in Mount Hope are also more affordable, with a Grocery Cost Index score of 97 versus 100 in the US.
For recreation and entertainment, there are plenty of local businesses to check out. From one-of-a-kind boutiques like The Cottage Den to family run restaurants like Schad’s Buffalo Bar & Grill, there’s something for everyone. Nature enthusiasts can take advantage of nearby parks such as Standing Rocks County Park or Lake Wisconsin State Park for camping, fishing, boating and numerous other activities. With its affordability and variety of recreational and business opportunities, Mount Hope, WI 53816 is an ideal location to call home.

Mount Hope (zip 53816) has an unemployment rate of 3.8%. The US average is 6.0%.

Mount Hope (zip 53816) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Mount Hope (zip 53816)
- The Sales Tax Rate for Mount Hope (zip 53816) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Hope (zip 53816) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mount Hope (zip 53816)
- The average income of a Mount Hope (zip 53816) resident is $19,383 a year. The US average is $28,555 a year.
- The Median household income of a Mount Hope (zip 53816) resident is $60,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Hope, WisconsinUnited States
  3.86
  -3.4%-6.2%
  32.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $22,840$37,638
  $60,536$69,021
  $73,750$85,028
  Population by Occupation
  21.6%1.2%
  0.0%0.5%
  8.2%6.8%
  16.7%10.0%
  2.0%2.5%
  14.2%11.0%
  5.0%4.8%
  0.0%0.8%
  0.2%1.9%
  1.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.2%0.1%
  3.7%4.2%
  3.7%9.3%
  9.2%14.0%
  0.5%2.1%
  1.7%7.0%
  1.5%4.8%
  10.4%4.7%
Health