Hatton, ND is a small town with a population of approximately 1,100 people. It is an ideal place to live for those who want to enjoy the peace and quiet of rural life while still being close enough to larger cities with more economic opportunities. The cost of living in Hatton is relatively low, with 2 bedroom rent averaging around $840 and grocery index at 94 compared to 100 in the US.
Hatton has several local companies including Reiner Farms, D & M Agri-Services Inc., Hatton Farmers Co-Op Elevator and Prairie Hills Restaurant and Bar. For entertainment and things to do in the area there are outdoor activities such as hiking trails at Silver Lake Park, fishing spots at nearby lakes and camping areas along the Sheyenne River Valley. Hatton also offers annual events such as Summerfest which features live music from regional bands as well as food vendors.
Hatton has an unemployment rate of 3.4%. The US average is 6.0%.
Hatton has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Hatton
- The Sales Tax Rate for Hatton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hatton is 2.0%. 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 $22,427 a year. The US average is $28,555 a year.
- The Median household income of a Hatton resident is $68,173 a year. The US average is $69,021 a year.