Hulett, WY is a small town located in the northeastern part of the state. It has a population of about 700 and is nestled among rolling hills and pine forests. The town has been around since 1907 and is home to several local businesses such as Hulett Grocery Store, Country Trails Motel, Golden Spike Inn, Hulett Lumber Co., and other small businesses. The economy of Hulett relies heavily on tourism with many activities such as horseback riding, hiking trails, fishing spots, camping sites, hunting areas and scenic views. The cost of living in Hulett is reasonable with two-bedroom apartments renting for $820 compared to the national average of $1,430. The grocery cost index in Hulett is also very low at 99 versus 100 in the US as a whole. In addition to outdoor activities and local businesses there are also several historical sites like the old railroad depot which still stands from when it was built in 1916.
Hulett has an unemployment rate of 4.4%. The US average is 6.0%.
Hulett has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Hulett
- The Sales Tax Rate for Hulett is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hulett is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hulett
- The average income of a Hulett resident is $30,376 a year. The US average is $28,555 a year.
- The Median household income of a Hulett resident is $63,098 a year. The US average is $69,021 a year.