Hay Creek, MN is an affordable and inviting community located in the southeastern part of the State. It is a great place to call home for those looking for a more laid-back lifestyle; with 2 bedroom rental costs coming in at only $940 per month, it is one of the most cost-effective places to live in Minnesota. Grocery costs are also low, as Hay Creek's Index is 98 versus 100 for the US. Local businesses include The Steakhouse Saloon & Grill, which serves up delicious meals; Hay Creek Auto Repair and Supply, which offers exceptional customer service; and Intermountain Wellness Center, which focuses on holistic healing and health care. Residents of Hay Creek have plenty of options for shopping, dining, entertainment, and recreation.
Hay Creek has an unemployment rate of 4.6%. The US average is 6.0%.
Hay Creek has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Hay Creek
- The Sales Tax Rate for Hay Creek is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hay Creek 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 Hay Creek
- The average income of a Hay Creek resident is $45,157 a year. The US average is $28,555 a year.
- The Median household income of a Hay Creek resident is $108,438 a year. The US average is $69,021 a year.