Hewitt, MN is a small city located in the heart of Minnesota. It's a great place to live with its low cost of living and affordable housing. The median two bedroom rent in the city is $810 while the national median for two bedroom rent is $1,430. Moreover, Hewitt has a low grocery cost index of 94 compared to the US which stands at 100.
The primary economic activities in Hewitt are agriculture and manufacturing. Major local companies include A-Lert Construction Services, J & J Manufacturing Inc., S & B Plastics Machinery LLC, and Slee Enterprises Inc. These companies provide ample job opportunities to residents in Hewitt as well as other cities nearby. Additionally, there are many small businesses based in Hewitt that contribute significantly to its economy such as restaurants, retail stores, cafes, and many more.
Hewitt has an unemployment rate of 5.4%. The US average is 6.0%.
Hewitt has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Hewitt
- The Sales Tax Rate for Hewitt is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hewitt 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 Hewitt
- The average income of a Hewitt resident is $19,294 a year. The US average is $28,555 a year.
- The Median household income of a Hewitt resident is $46,667 a year. The US average is $69,021 a year.