St. Hilaire, MN is a small town with a population of around 1,000 people. It is located in Polk County and has plenty of recreational activities to enjoy such as fishing, golfing, and snowmobiling. The cost of living in St. Hilaire is significantly lower than the US average – the rent for two bedrooms is $870 and the Grocery Cost Index is 95 versus 100 in the US. Businesses located in St. Hilaire include Sal’s Auto Repair, Joe’s Hardware Store, Hilltop Café, and Dairy Queen. These businesses are essential to St. Hilaire’s economy because they provide jobs for the local residents as well as products and services that are needed in everyday life. Furthermore, St. Hilaire also has a thriving tourist industry due to its close proximity to numerous attractions like the Chippewa National Forest and Lake of the Woods County Park. This helps contribute to its economic development by bringing in much-needed revenue from out-of-town visitors throughout the year.
St. Hilaire has an unemployment rate of 5.7%. The US average is 6.0%.
St. Hilaire has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for St. Hilaire
- The Sales Tax Rate for St. Hilaire is 6.9%. The US average is 7.3%.
- The Income Tax Rate for St. Hilaire 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 St. Hilaire
- The average income of a St. Hilaire resident is $24,283 a year. The US average is $28,555 a year.
- The Median household income of a St. Hilaire resident is $90,625 a year. The US average is $69,021 a year.