New Hope, AL is a beautiful small town with plenty to offer. This charming town has all the amenities that one would need to live comfortably, including grocery stores, restaurants, medical offices and more. The cost of living in New Hope is quite reasonable compared to other towns in the area. Rent for two-bedrooms is only $940 whereas the US average is $1,430. Additionally, the Grocery Cost Index in New Hope is 94 compared to 100 in the US. Local businesses include Piggly Wiggly grocery store, Roe's Diner and Country Store which serves delicious home cooked meals daily, as well as an array of antique stores in nearby Madison. With its affordable cost of living and enjoyable lifestyle, New Hope makes a great place to call home!
New Hope has an unemployment rate of 2.5%. The US average is 6.0%.
New Hope has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for New Hope
- The Sales Tax Rate for New Hope is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Hope is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for New Hope
- The average income of a New Hope resident is $26,633 a year. The US average is $37,638 a year.
- The Median household income of a New Hope resident is $71,917 a year. The US average is $69,021 a year.