Hanska, MN is a small town located in the south east corner of Minnesota. It is a peaceful community with sweeping views of the countryside. The local economy is primarily driven by agriculture, with some small companies such as Hanska Lumber Company, Vincent’s Electric, and B&B Auto Repair contributing to the local job market. Rent for two-bedroom apartments in Hanska is relatively cheap at $1,200 compared to the US average of $1,430. The cost of living here is also lower than many other places with a Grocery Cost Index of 98 compared to 100 for the US as a whole. All these factors make it an excellent place to call home.
Hanska has an unemployment rate of 4.8%. The US average is 6.0%.
Hanska has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Hanska
- The Sales Tax Rate for Hanska is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hanska 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 Hanska
- The average income of a Hanska resident is $24,198 a year. The US average is $28,555 a year.
- The Median household income of a Hanska resident is $53,750 a year. The US average is $69,021 a year.