St. Hilaire, Minnesota is a small town in Pennington County with a population of 567 people. The average two-bedroom rent in St. Hilaire is $880, which is significantly lower than the national average of $1,430. In addition to affordable rent prices, St. Hilaire also offers great deals on groceries with a grocery cost index that is 95 compared to the US average of 100.
St. Hilaire is home to several local businesses such as Mid-Minnesota Federal Credit Union, Ehrlich CPA, Nordic Lumber and Manufacturing, and Kaufman Tire & Battery Store among many others. Despite being such a small town, these businesses provide local jobs and offer affordable goods and services for St. Hilaire's citizens at rates compared favorably to those found across the country. Thus, the low rent costs combined with the low grocery prices makes St. Hilaire an attractive place for those looking for an affordable place to live while still having access to great amenities provided by local companies.
St. Hilaire (zip 56754) has an unemployment rate of 5.7%. The US average is 6.0%.
St. Hilaire (zip 56754) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for St. Hilaire (zip 56754)
- The Sales Tax Rate for St. Hilaire (zip 56754) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for St. Hilaire (zip 56754) 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 St. Hilaire (zip 56754)
- The average income of a St. Hilaire (zip 56754) resident is $37,360 a year. The US average is $37,638 a year.
- The Median household income of a St. Hilaire (zip 56754) resident is $86,786 a year. The US average is $69,021 a year.