Hayes, MN is a small city nestled in the countryside of Minnesota. Despite its size, it has plenty to offer for those looking for an affordable place to live. The average two bedroom rent in Hayes is only $810 per month, which is much lower than the national average of $1,430. Furthermore, Hayes has a low Grocery Cost Index of 96 compared to the US average of 100.
The city provides plenty of activities and attractions for residents to enjoy. The Minnesota Historical Society Museum located in downtown Hayes provides engaging exhibits that attract visitors from all over the state. There are also many trails and parks that can be found closeby such as Lake Erling Park and Stavig Park Trail which offer great opportunities to explore nature.
Hayes also houses several local businesses that contribute to the town's economy including Barrera Home Solutions LLC and Shear Elegance Salon & Spa who provide home repairs and beauty services respectively. Additionally, there are many shopping options including John’s Variety Store offering essential everyday items at an affordable price.
Hayes has an unemployment rate of 5.6%. The US average is 6.0%.
Hayes has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Hayes
- The Sales Tax Rate for Hayes is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hayes 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 Hayes
- The average income of a Hayes resident is $32,013 a year. The US average is $37,638 a year.
- The Median household income of a Hayes resident is $70,500 a year. The US average is $69,021 a year.