Hay Creek, ND is a small town located in the northwest part of the US. It has a population of around 600 and has grown in recent years thanks to its low cost of living. For example, the two bedroom rent for Hay Creek, ND is $1,040 compared to an average rent for a two bedroom across the US of $1,430. Prices at local groceries are also lower than elsewhere, with a Grocery Cost Index in Hay Creek of 104 versus 100 in the rest of the US.
Hay Creek is home to several local companies such as Slant Drilling Inc., Northland Motors, and DDT Photography. These businesses provide employment opportunities and contribute to making Hay Creek an attractive place to live due to its low costs. All these factors make Hay Creek an ideal destination for those looking for a small town environment with all amenities at a fraction of the price found elsewhere.
Hay Creek has an unemployment rate of 4.1%. The US average is 6.0%.
Hay Creek has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Hay Creek
- The Sales Tax Rate for Hay Creek is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hay Creek 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 Hay Creek
- The average income of a Hay Creek resident is $38,157 a year. The US average is $28,555 a year.
- The Median household income of a Hay Creek resident is $136,838 a year. The US average is $69,021 a year.