Hatton, MI Economy


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United States / Michigan / No Metro Area / Clare County / Hatton / Zip Codes
Hatton, MI is a small town located in Michigan with a population of around 4,000 people. It is known for its low cost of living and is an ideal location for those looking for affordable housing and groceries. The average two bedroom rent in Hatton is $780 compared to the US average which is $1,430. In addition, grocery costs are 90 versus 100 in the US making it a great place to save money.
The town has many local businesses such as the Hatton Pharmacy where customers can find a range of healthcare products and services, Peters Barbeque for delicious BBQ eats, and Clancey's Pub & Grill offering a range of drinks and appetizers. When it comes to leisure activities, there are plenty of things to do including the Lumberjack Village museum which offers visitors an insight into 19th century lumberjacks life or enjoy a scenic walk at the Riverside Park or take part in exciting activities at FunTyme Adventure Park.

Hatton has an unemployment rate of 8.1%. The US average is 6.0%.

Hatton has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Hatton
- The Sales Tax Rate for Hatton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hatton is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hatton
- The average income of a Hatton resident is $18,174 a year. The US average is $28,555 a year.
- The Median household income of a Hatton resident is $49,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHatton, MichiganUnited States
  8.16
  -5.9%-6.2%
  30.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $21,588$37,638
  $49,464$69,021
  $61,667$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.8%6.8%
  12.2%10.0%
  0.3%2.5%
  14.2%11.0%
  16.6%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  1.4%1.9%
  6.8%7.6%
  0.0%0.1%
  1.7%4.2%
  12.2%9.3%
  7.1%14.0%
  5.4%2.1%
  4.1%7.0%
  5.4%4.8%
  2.4%4.7%
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