Zip 56338 (Hillman, MN) Economy


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United States / Minnesota / No Metro Area / Morrison County / No City / Hillman (zip 56338)
Hillman, Minnesota (zip code 56338) is a small town located in Morrison County. The area offers quiet country living and the two bedroom rent average for Hillman is $1,000 per month compared to the US average of $1,430. Additionally, Hillman has a grocery cost index of 100 compared to that of the US which is also 100. Local businesses in Hillman include Hillman Lumber & Building Center, King Bar & Grill, and Bottom Line Auto Repair. Hillman Lumber & Building Center provides materials for all construction needs, King Bar & Grill serves delicious meals with an inviting atmosphere, and Bottom Line Auto Repair provides full service repairs for vehicles of any make or model.

Hillman (zip 56338) has an unemployment rate of 7.1%. The US average is 6.0%.

Hillman (zip 56338) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Hillman (zip 56338)
- The Sales Tax Rate for Hillman (zip 56338) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hillman (zip 56338) 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 Hillman (zip 56338)
- The average income of a Hillman (zip 56338) resident is $22,784 a year. The US average is $28,555 a year.
- The Median household income of a Hillman (zip 56338) resident is $64,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillman, MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,625$37,638
  $64,167$69,021
  $63,264$85,028
  Population by Occupation
  5.6%1.2%
  0.3%0.5%
  18.5%6.8%
  10.5%10.0%
  2.9%2.5%
  10.8%11.0%
  2.0%4.8%
  0.1%0.8%
  0.0%1.9%
  3.2%4.7%
  1.0%1.9%
  2.2%7.6%
  0.0%0.1%
  4.0%4.2%
  5.8%9.3%
  13.0%14.0%
  2.3%2.1%
  3.0%7.0%
  5.1%4.8%
  9.7%4.7%
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