Zip 55748 (Hill City, MN) Economy


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United States / Minnesota / No Metro Area / Aitkin County / Hill City / Hill City (zip 55748)
Hill City, Minnesota (zip code 55748) is a small city located in Aitkin County. The population of Hill City is 1,317 according to the latest census data, making it an ideal location for those looking to escape big city life.
The average 2 Bedroom rent in Hill City is $870 compared to $1,430 across the US, making it an affordable place to live. The Grocery Cost Index in Hill City is 93 versus 100 in the US, so groceries are slightly cheaper than other places around the country.
Businesses in Hill City include several small restaurants and shops such as Rupp's Bakery & Cafe, Richies Supermarket & Deli and Cenex Convenience Store. There are also several antique stores like A&R Antiques & Collectibles and Refindings Boutique that offer unique items for sale.
Overall, Hill City is a great place to call home due to its lower cost of living when compared to other cities across the US. With its convenient location and abundance of businesses nearby, there’s something for everyone in this charming city.

Hill City (zip 55748) has an unemployment rate of 7.1%. The US average is 6.0%.

Hill City (zip 55748) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Hill City (zip 55748)
- The Sales Tax Rate for Hill City (zip 55748) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hill City (zip 55748) 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 Hill City (zip 55748)
- The average income of a Hill City (zip 55748) resident is $24,379 a year. The US average is $37,638 a year.
- The Median household income of a Hill City (zip 55748) resident is $50,909 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHill City, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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