Hastings, MN (zip code 55033) is a city located in Dakota County. The 2 bedroom rent in this area is $1,180, which is significantly cheaper than the US average of $1,430. This makes Hastings a great choice for those looking for more affordable housing options. Additionally, the Grocery Cost Index of 101 in Hastings suggests that grocery items are slightly more expensive than the US average of 100. Those looking to save on groceries can look into local stores such as Smith’s Marketplace or Coborns Delivers. Despite being slightly more expensive than many other areas, Hastings offers a low cost of living compared to the rest of the country and provides plenty of options to meet individual needs.
Hastings (zip 55033) has an unemployment rate of 4.1%. The US average is 6.0%.
Hastings (zip 55033) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Hastings (zip 55033)
- The Sales Tax Rate for Hastings (zip 55033) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Hastings (zip 55033) 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 Hastings (zip 55033)
- The average income of a Hastings (zip 55033) resident is $41,912 a year. The US average is $37,638 a year.
- The Median household income of a Hastings (zip 55033) resident is $91,376 a year. The US average is $69,021 a year.