Hokah, Minnesota is a small town with a population of 55941. It is an affordable place to live and rent for two bedrooms normally runs around $940 per month. The Grocery Cost Index in Hokah is 97, which is lower than the US average of 100. This makes it a great option for those looking to save money on their grocery bills.
For those looking to stay in Hokah, there are several local companies that can provide job opportunities. These include Tokheims Oil & Gas Station, Hokah Powder Coating, Inc., Mid-West Architecture and Design LLC as well as many others depending on one's professional background. Each company has its own unique benefits and atmosphere that create a great work environment for all its employees.
Hokah (zip 55941) has an unemployment rate of 4.4%. The US average is 6.0%.
Hokah (zip 55941) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Hokah (zip 55941)
- The Sales Tax Rate for Hokah (zip 55941) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hokah (zip 55941) 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 Hokah (zip 55941)
- The average income of a Hokah (zip 55941) resident is $29,451 a year. The US average is $37,638 a year.
- The Median household income of a Hokah (zip 55941) resident is $58,229 a year. The US average is $69,021 a year.