Hilltop, MN Economy


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Hilltop, MN is a great place to live for people looking for an affordable place to call home. The 2 bedroom rent here is $1,360, which is lower than the US average of $1,430. This makes Hilltop an ideal choice for those on a budget. In addition to the lower rent prices, the grocery cost index in Hilltop is 99 compared to 100 in the US. This means that groceries are much more affordable here than in other areas.
Hilltop has several local companies that offer quality services and products. These include Hilltop Hardware, Hilltop Tire & Automotive Services, and Hilltop Cleaners. All three businesses have been around for many years and offer excellent customer service with competitive pricing.
Overall, Hilltop is a great place to live due to its low cost of living when compared to other areas. With its affordable rent prices and lower grocery cost index, it's easy to see why this small town is such a desirable place to call home.

Hilltop has an unemployment rate of 4.4%. The US average is 6.0%.

Hilltop has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Hilltop
- The Sales Tax Rate for Hilltop is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Hilltop 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 Hilltop
- The average income of a Hilltop resident is $15,423 a year. The US average is $28,555 a year.
- The Median household income of a Hilltop resident is $40,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHilltop, MinnesotaUnited States
  4.46
  -3.7%-6.2%
  35.9%33.5%
  7.1%6.2%
  7.1%4.6%
  $17,991$37,638
  $40,667$69,021
  $49,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.8%6.8%
  8.6%10.0%
  0.7%2.5%
  15.7%11.0%
  4.1%4.8%
  0.0%0.8%
  1.1%1.9%
  0.4%4.7%
  0.5%1.9%
  3.1%7.6%
  0.0%0.1%
  16.6%4.2%
  3.6%9.3%
  10.3%14.0%
  0.5%2.1%
  25.8%7.0%
  1.8%4.8%
  0.4%4.7%
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