Hale, Minnesota is a quiet city with a population of around 1,200 people. It has a small-town feel with many local businesses, such as Hale Hardware & Supply Co., the Hale Family Farm, and the Hale Cafe. The cost of living in Hale is quite affordable compared to the rest of the United States. For example, two bedroom rent in Hale is $1,150 compared to $1,430 on average across the United States. Additionally, according to the Grocery Cost Index, items in Hale are 3% cheaper than those found elsewhere in the US.
Hale has an unemployment rate of 5.1%. The US average is 6.0%.
Hale has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Hale
- The Sales Tax Rate for Hale is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hale 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 Hale
- The average income of a Hale resident is $28,528 a year. The US average is $28,555 a year.
- The Median household income of a Hale resident is $80,417 a year. The US average is $69,021 a year.