Huntly, MN is a small city located in southwestern Minnesota. It is home to several local businesses such as Huntly Hardware, Huntly's Finest Grocery Store, and Wares Pharmacy. Although Huntly is a small town, it offers amenities that larger cities have with the charm of a small town. The cost of living in Huntly is relatively low compared to the rest of the United States. For example, the average 2 bedroom rent in Huntly stands at $940 versus $1,430 in the US and the grocery cost index in Huntly stands at 93 versus 100 in the US. This makes it an attractive place for those looking for a more affordable lifestyle than what can be found elsewhere.
Huntly has an unemployment rate of 6.6%. The US average is 6.0%.
Huntly has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Huntly
- The Sales Tax Rate for Huntly is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Huntly 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 Huntly
- The average income of a Huntly resident is $24,536 a year. The US average is $37,638 a year.
- The Median household income of a Huntly resident is $62,500 a year. The US average is $69,021 a year.