Hinckley, Minnesota (55037) is a small rural city located in Pine County, which provides a great place for those looking for an inexpensive and quiet living environment. The average 2 bedroom rent in Hinckley is only $990 compared to the national average of $1,430, making it much more affordable than many other parts of the country. Grocery cost index in Hinckley is 95 versus 100 the US, which is also very economical.
Hinckley offers lots of local attractions such as the Grand Casino Hinckley for gaming and entertainment, as well as camping at Robinson Park and Wildlife Management Areas. There are also plenty of local businesses including automotive shops like Northstar Collision Repair & Towing and Handy Andy Auto Sales and Services that provide excellent services. For shopping options, there's Quarker Creek Outlet Store where you can find unique items from around the world.
Hinckley (zip 55037) has an unemployment rate of 7.7%. The US average is 6.0%.
Hinckley (zip 55037) 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Hinckley (zip 55037)
- The Sales Tax Rate for Hinckley (zip 55037) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hinckley (zip 55037) 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 Hinckley (zip 55037)
- The average income of a Hinckley (zip 55037) resident is $26,842 a year. The US average is $37,638 a year.
- The Median household income of a Hinckley (zip 55037) resident is $52,927 a year. The US average is $69,021 a year.