Hardwick, MN is a small town located in the United States. It has a population of 2,000 people and is known for its beautiful scenery and quaint atmosphere. The cost of living in Hardwick is relatively low compared to the rest of the country, with a two bedroom rent at $860 and a grocery cost index at 94 versus 100 in the US. The town has several local businesses including Miller Manufacturing Company which produces metal parts for industrial applications, Hardwick Foods which offers locally grown and organic produce, and Wells Fargo Bank which provides banking services to the local community. These businesses are supported by the local economy and help provide jobs to those who live in Hardwick.
Hardwick has an unemployment rate of 2.7%. The US average is 6.0%.
Hardwick has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Hardwick
- The Sales Tax Rate for Hardwick is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hardwick 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 Hardwick
- The average income of a Hardwick resident is $20,891 a year. The US average is $37,638 a year.
- The Median household income of a Hardwick resident is $32,955 a year. The US average is $69,021 a year.