Hamre, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Hamre, MN is a small town in the state of Minnesota. It provides an affordable living for its residents, as rent for two bedrooms is only $840 compared to the US average of $1,430. Additionally, Hamre has a lower grocery cost index than the national average at 95. The town boasts many local companies such as G&G Construction and Stiles Plumbing. Apart from these companies, there are also many employers in the area such as Hy-Vee Supermarket and Western Bank. These employers provide numerous job opportunities for local residents.

Hamre has an unemployment rate of 5.1%. The US average is 6.0%.

Hamre has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Hamre
- The Sales Tax Rate for Hamre is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hamre 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 Hamre
- The average income of a Hamre resident is $17,162 a year. The US average is $28,555 a year.
- The Median household income of a Hamre resident is $194,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamre, MinnesotaUnited States
  5.16
  -0.2%-6.2%
  29.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $102,606$37,638
  $194,306$69,021
  $193,333$85,028
  Population by Occupation
  6.0%1.2%
  0.0%0.5%
  22.0%6.8%
  26.0%10.0%
  20.0%2.5%
  18.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  4.0%2.1%
  0.0%7.0%
  0.0%4.8%
  2.0%4.7%
Health
Compare Hamre, MN
cost of living
Compare food, housing, utilities, and more in Hamre, Minnesota to any other city in the US.