Huntly, MN Economy


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United States / Minnesota / No Metro Area / Marshall County / Huntly / Zip Codes
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.

Income by Population Percent

  EconomyHuntly, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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