The small city of Hayfield, Minnesota is home to just over 1,000 people and lies in the southeastern part of the state. Located in Dodge County, Hayfield offers a rural lifestyle ideal for those looking to get away from the hustle and bustle of city life. With two bedroom rental prices averaging $1,010 dollars per month, it is significantly lower than the national average of $1,430. Additionally, grocery costs in Hayfield are also comparatively lower with an index of 98 versus 100 nationwide.
Hayfield has several local companies that residents can take advantage of including All Around Storage Solutions which specializes in providing storage solutions tailored to individual needs; JM Handyman & Lawn Care offering services such as snow removal and tree trimming; and Chamberlains Photography providing stunning photos for any occasion.
In conclusion, Hayfield provides a tranquil atmosphere for anyone looking to escape from the large city life while still being able to access modern amenities at lower prices. With its local businesses offering various services ranging from storage solutions to photography services, Hayfield is an ideal place for those who wish to enjoy a peaceful lifestyle away from the noise.
Hayfield (zip 55940) has an unemployment rate of 4.9%. The US average is 6.0%.
Hayfield (zip 55940) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Hayfield (zip 55940)
- The Sales Tax Rate for Hayfield (zip 55940) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hayfield (zip 55940) 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 Hayfield (zip 55940)
- The average income of a Hayfield (zip 55940) resident is $36,078 a year. The US average is $37,638 a year.
- The Median household income of a Hayfield (zip 55940) resident is $72,969 a year. The US average is $69,021 a year.