Hinton, IA is a small town located in the midwest region of the United States. It is known for its peaceful rural settings and vibrant local businesses. Hinton has many different local companies such as Fisher's IGA Supermarket, Johnson’s Hardware, and Hinton Floral & Gifts. The cost of living in Hinton is quite low compared to other parts of the U.S. For example, a two-bedroom apartment can be rented for only $680 whereas a similar apartment in other parts of the country would typically cost around $1,430 per month. Similarly, groceries are much more affordable in Hinton with an index score of 99 versus 100 in the US.
Hinton has an unemployment rate of 3.1%. The US average is 6.0%.
Hinton 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 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Hinton
- The Sales Tax Rate for Hinton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hinton is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hinton
- The average income of a Hinton resident is $30,707 a year. The US average is $28,555 a year.
- The Median household income of a Hinton resident is $87,188 a year. The US average is $69,021 a year.