Hope Valley, RI is a small town with a population of 3,243 and is located near the Connecticut border. The cost of living in Hope Valley is slightly higher than that of the US as a whole - rent for 2 bedrooms is $1,600 versus $1,430 nationally while grocery cost index stands at 106 compared to 100 across the US. This makes living in Hope Valley an attractive option for those who don't mind paying a little extra for quality goods and services. Local companies include HV Tire and Auto Repair, Banister Automotive Services, and LaFrance Construction Group.
Hope Valley has an unemployment rate of 6.5%. The US average is 6.0%.
Hope Valley has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Hope Valley
- The Sales Tax Rate for Hope Valley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hope Valley is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Hope Valley
- The average income of a Hope Valley resident is $41,985 a year. The US average is $37,638 a year.
- The Median household income of a Hope Valley resident is $86,367 a year. The US average is $69,021 a year.