Hay River, WI Economy


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Hay River, WI is a small town located in the central part of Wisconsin. With a population of around 3,000 people, it is the perfect place for those looking for a laid-back lifestyle without sacrificing access to quality amenities and services. The cost of living in Hay River is relatively low, with two bedroom rent at $930 compared to $1,430 in the US. Additionally, the Grocery Cost Index measures 96 in Hay River versus 100 in the US. Local businesses such as Hay River Creamery and Main Street Coffee House provide residents with great food and drinks while places like Tjader Floral & Gifts offer amazing floral arrangements and unique gifts.

Hay River has an unemployment rate of 4.7%. The US average is 6.0%.

Hay River has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Hay River
- The Sales Tax Rate for Hay River is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hay River is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hay River
- The average income of a Hay River resident is $21,864 a year. The US average is $28,555 a year.
- The Median household income of a Hay River resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHay River, WisconsinUnited States
  4.76
  -3.9%-6.2%
  36.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $31,249$37,638
  $65,000$69,021
  $75,625$85,028
  Population by Occupation
  3.0%1.2%
  1.5%0.5%
  8.9%6.8%
  23.1%10.0%
  1.2%2.5%
  8.0%11.0%
  16.6%4.8%
  5.3%0.8%
  0.0%1.9%
  2.7%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  1.5%4.2%
  5.0%9.3%
  12.1%14.0%
  1.2%2.1%
  1.5%7.0%
  3.3%4.8%
  2.1%4.7%
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