Hubbard township, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Hubbard County / Hubbard township / Zip Codes
Hubbard township (Hubbard Cnty), MN is a great place to live and work. The cost of living in Hubbard township (Hubbard Cnty) is much lower than the US average, with a 2 bedroom rent at only $910 a month compared to the national average of $1,430. Additionally, groceries are cheaper here than the national average, with an index score of 98 versus 100 in the US. \nThe area offers many benefits to those who choose to settle there. There are several local businesses such as The Great Northern Brewing Company and Northern Industrial Supply that offer great employment opportunities for locals. In addition, Hubbard township has plenty of amenities for residents to enjoy such as fishing on nearby lakes, camping on scenic trails, golf courses and shopping centers. Overall, it's an exciting place to live with plenty of opportunity and entertainment.

Hubbard township has an unemployment rate of 6.1%. The US average is 6.0%.

Hubbard township has seen the job market increase by 6.6% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.

Tax Rates for Hubbard township
- The Sales Tax Rate for Hubbard township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hubbard 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 Hubbard township
- The average income of a Hubbard township resident is $36,148 a year. The US average is $37,638 a year.
- The Median household income of a Hubbard township resident is $62,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHubbard township, MinnesotaUnited States
  6.16
  -2.5%-6.2%
  45.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $36,148$37,638
  $62,000$69,021
  $79,107$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  12.5%6.8%
  3.7%10.0%
  0.7%2.5%
  7.4%11.0%
  2.0%4.8%
  3.7%0.8%
  0.0%1.9%
  3.7%4.7%
  4.1%1.9%
  0.7%7.6%
  0.3%0.1%
  2.0%4.2%
  7.1%9.3%
  28.0%14.0%
  2.4%2.1%
  4.7%7.0%
  7.4%4.8%
  5.7%4.7%
Health
Compare Hubbard township, MN
cost of living
Compare food, housing, utilities, and more in Hubbard township, Minnesota to any other city in the US.