Hokah, MN is a small city located in Houston county. It has a variety of businesses and services including insurance companies, retail stores, restaurants, banks, and more. The median rent for a two-bedroom apartment is $920 which is significantly lower than the national average of $1,430. Additionally, grocery costs in Hokah are lower than the national average with an index score of 97 versus 100 in the US. This makes Hokah an affordable place to live for those looking to save money on housing and food costs.
Hokah has an unemployment rate of 4.4%. The US average is 6.0%.
Hokah has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Hokah
- The Sales Tax Rate for Hokah is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hokah 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 Hokah
- The average income of a Hokah resident is $25,676 a year. The US average is $28,555 a year.
- The Median household income of a Hokah resident is $47,917 a year. The US average is $69,021 a year.