Hantho, MN is a small town nestled away in the countryside. It is known for its strong sense of community and friendly neighbors. The cost of living in Hantho is relatively low compared to the national average; with 2 bedroom rent being around $750 and grocery costs coming in at 92 on the index versus 100 nationally. Hantho boasts many local businesses such as MidWest Bakery, McAllister's Hardware Store, Hantho Groceries, and Apple Blossoms Boutique Shop. Amenities in the town include several scenic parks, a public library, and an outdoor pool. With so much to offer residents of Hantho enjoy a comfortable lifestyle with plenty of activities to choose from!
Hantho has an unemployment rate of 4.5%. The US average is 6.0%.
Hantho has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Hantho
- The Sales Tax Rate for Hantho is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hantho 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 Hantho
- The average income of a Hantho resident is $58,042 a year. The US average is $28,555 a year.
- The Median household income of a Hantho resident is $87,778 a year. The US average is $69,021 a year.