Hamlin, ND is a small rural town with a population of just over 2,000 people. The rent for two bedroom apartments in Hamlin is much lower than the national average at only $820 compared to $1,430 US-wide. Furthermore, the grocery cost index in Hamlin is 92 versus a 100 in the US. Hamlin has several local companies that provide services and entertainment for residents. Examples include Dairy Queen, Casey's Pub & Grill, MBW Implement Co., and Engler Electric. These businesses are vital to keeping Hamlin thriving and allowing its residents to live comfortably without having to leave town for basic essentials or activities.
Hamlin has an unemployment rate of 5.5%. The US average is 6.0%.
Hamlin has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin
- The Sales Tax Rate for Hamlin is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hamlin is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hamlin
- The average income of a Hamlin resident is $21,945 a year. The US average is $28,555 a year.
- The Median household income of a Hamlin resident is $98,864 a year. The US average is $69,021 a year.