Hayward Township, MN is a great place to live. It features low rent, with a two-bedroom apartment costing $900 compared to the US average of $1,430. The local grocery cost index in Hayward Township is also lower than the US average at 94 versus 100. Local businesses in Hayward Township include Northern Lights Clothing Company, Locking Hardware Solutions, and Waterfront Fishing Resort. All these businesses make up the unique atmosphere that the locals have come to love about their home.
Hayward township has an unemployment rate of 4.5%. The US average is 6.0%.
Hayward township has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Hayward township
- The Sales Tax Rate for Hayward township is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Hayward township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hayward township
- The average income of a Hayward township resident is $37,145 a year. The US average is $28,555 a year.
- The Median household income of a Hayward township resident is $102,564 a year. The US average is $69,021 a year.