Hinckley township, MN Economy


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United States / Minnesota / No Metro Area / Pine County / Hinckley township / Zip Codes
Hinckley township, MN is an excellent place to live with affordable housing and other costs of living. The 2 bedroom rent in Hinckley township, MN is $1,040 compared to the US average of $1430. Additionally, the Grocery Cost Index in Hinckley township, MN is 95 versus 100 in the US. Hinckley Township also offers many great businesses and companies that are staples in the local community such as Longhorn Steakhouse, Walmart Supercenter, Miller Hill Subaru, Earl's Drive In Theatre and Heritage Bank. With its affordability and local businesses, it is no surprise why so many people are choosing to call Hinckley Township their home.

Hinckley township has an unemployment rate of 7.7%. The US average is 6.0%.

Hinckley township has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Hinckley township
- The Sales Tax Rate for Hinckley township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hinckley township 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 Hinckley township
- The average income of a Hinckley township resident is $37,512 a year. The US average is $37,638 a year.
- The Median household income of a Hinckley township resident is $47,143 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHinckley township, MinnesotaUnited States
  7.76
  -6.3%-6.2%
  28.8%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,512$37,638
  $47,143$69,021
  $59,167$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  14.7%6.8%
  7.9%10.0%
  0.0%2.5%
  15.1%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  5.0%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  3.8%4.2%
  11.8%9.3%
  7.5%14.0%
  5.5%2.1%
  11.1%7.0%
  4.1%4.8%
  5.8%4.7%
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