Hampton Township, MN is a great place to live with plenty of amenities and activities. It is home to several companies such as Northland Aerospace Solutions LLC, Hampton Artisans, and Riverwood Custom Homes. The cost of living in the area is very reasonable. The average two-bedroom rental rate in Hampton Township is only $1,260 compared to the national average of $1,430. Additionally, grocery costs here are slightly lower than average at 103 compared to 100 nationally. With its sound economy and affordable housing market, Hampton Township is a great place to call home!
Hampton township has an unemployment rate of 4.1%. The US average is 6.0%.
Hampton township has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Hampton township
- The Sales Tax Rate for Hampton township is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Hampton township 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 Hampton township
- The average income of a Hampton township resident is $36,248 a year. The US average is $28,555 a year.
- The Median household income of a Hampton township resident is $98,281 a year. The US average is $69,021 a year.