Hay Brook, MN Economy


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United States / Minnesota / No Metro Area / Kanabec County / Hay Brook / Zip Codes
Hay Brook, MN is an ideal place for those who are looking for affordable living in a friendly community. The average 2 Bedroom rent in Hay Brook is $890, compared to the US average of $1,430 per month, making it a great choice for budget conscious individuals. There is also an excellent Grocery Cost Index in Hay Brook which comes in at 98 compared to the national average of 100 making shopping more affordable.
The area boasts several local businesses such as Haybrook Medical Center, Cornerstone Family Clinic, and North Wind Properties. These establishments provide essential services to the local residents including medical care and housing assistance. Other amenities available to Hay Brook residents include schools, churches, parks and recreational activities. With its unbeatable prices and great local businesses and amenities, Hay Brook is an excellent choice for anyone looking for a comfortable home at an affordable price.

Hay Brook has an unemployment rate of 8.8%. The US average is 6.0%.

Hay Brook has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Hay Brook
- The Sales Tax Rate for Hay Brook is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hay Brook 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 Hay Brook
- The average income of a Hay Brook resident is $20,189 a year. The US average is $28,555 a year.
- The Median household income of a Hay Brook resident is $44,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHay Brook, MinnesotaUnited States
  8.86
  -1.8%-6.2%
  31.1%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,030$37,638
  $44,107$69,021
  $78,750$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  10.2%6.8%
  16.7%10.0%
  0.0%2.5%
  10.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.6%4.7%
  1.9%1.9%
  3.7%7.6%
  0.0%0.1%
  0.0%4.2%
  11.1%9.3%
  13.9%14.0%
  6.5%2.1%
  8.3%7.0%
  4.6%4.8%
  3.7%4.7%
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