Hammond Township, MN is a small town located in the northern part of the state. It is known for its serene atmosphere and low cost of living. The average rent for a 2 bedroom apartment is $800, which is significantly lower than the US average of $1,430. Grocery costs are also relatively low with an index of 96 compared to the US average of 100.
The town boasts several local businesses such as Hammond Hardware and Red's Sporting Goods. There are also several schools in the area including Hammond Elementary School and Lakewood High School that offer a variety of educational opportunities to students from kindergarten to grade 12. With its idyllic setting and affordable cost of living, Hammond Township is an attractive place to live and work.
Hammond township (Polk County) has an unemployment rate of 4.9%. The US average is 6.0%.
Hammond township (Polk County) 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 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Hammond township (Polk County)
- The Sales Tax Rate for Hammond township (Polk County) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Hammond township (Polk County) 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 Hammond township (Polk County)
- The average income of a Hammond township (Polk County) resident is $62,172 a year. The US average is $37,638 a year.
- The Median household income of a Hammond township (Polk County) resident is $108,750 a year. The US average is $69,021 a year.