Hodges, MN is a small town located in southern Minnesota. It is known for its friendly inhabitants and affordable prices. Despite its size, residents enjoy great access to amenities such as restaurants, shopping centers, parks, and schools. Additionally, the cost of two bedroom rent in Hodges is significantly lower than the national average by $570. This makes Hodges extremely attractive to those looking for an affordable place to live. Grocery costs also remain relatively low with a cost index 96 compared to 100 nationally.
There are a variety of local companies that serve this community such as Hodges Hardware & Home Center that provides supplies for home improvement projects; Wixon Valley Produce that brings fresh items from local farms; and Johnson's Tire Service which offers tire repair services. All these businesses show Hodges' commitment to providing excellent service to its residents while keeping prices competitive with larger cities.
In conclusion, Hodges, MN is a great place for those who want a more affordable lifestyle without sacrificing access to quality amenities or reliable local businesses. With rents much lower than the national average and grocery costs remaining competitively priced, Hodges is an ideal destination for many.
Hodges has an unemployment rate of 3.8%. The US average is 6.0%.
Hodges has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Hodges
- The Sales Tax Rate for Hodges is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hodges 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 Hodges
- The average income of a Hodges resident is $33,524 a year. The US average is $28,555 a year.
- The Median household income of a Hodges resident is $117,969 a year. The US average is $69,021 a year.