Hunter, MN is a small city located in the south of Minnesota. It is home to a wide range of businesses from local banks to supermarkets, providing its residents with all the necessary amenities. The town is also known for its affordable rent and living expenses, such as an average 2 bedroom rent at $840; compared to the US average of $1,430. Additionally, groceries cost index in Hunter is 95 versus 100 in the US which makes it a great location for budget-minded individuals. Some local companies include Big Sky Bank, Farm Bureau Financial Services, and Hunter Supermarket & Deli. All these businesses combined make Hunter an attractive place to live for those looking for low-cost living expenses but still having access to all necessary amenities.
Hunter has an unemployment rate of 4.3%. The US average is 6.0%.
Hunter has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for Hunter
- The Sales Tax Rate for Hunter is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hunter 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 Hunter
- The average income of a Hunter resident is $26,347 a year. The US average is $28,555 a year.
- The Median household income of a Hunter resident is $50,000 a year. The US average is $69,021 a year.