Hatton, ND 58240 is located in Grand Forks County in north-central North Dakota. The population is 1,484. Two bedroom rent in Hatton is $800 compared to the US average of $1,430. The grocery cost index in Hatton is 94 versus 100 in the US. Cost of living is generally low compared to other parts of the US due to the rural nature of the town.
Some local companies include Nodak Mutual Insurance Co., J & B Distributing Co., Inc., and Zylstra Plumbing & Heating Inc., all of which operate within Grand Forks County. These businesses provide essential services for those looking to live and work in the area. The cost of living is relatively low overall, making it an attractive option for people looking for a more affordable lifestyle than other areas with higher costs.
Hatton (zip 58240) has an unemployment rate of 3.4%. The US average is 6.0%.
Hatton (zip 58240) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Hatton (zip 58240)
- The Sales Tax Rate for Hatton (zip 58240) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hatton (zip 58240) is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hatton (zip 58240)
- The average income of a Hatton (zip 58240) resident is $25,732 a year. The US average is $28,555 a year.
- The Median household income of a Hatton (zip 58240) resident is $68,833 a year. The US average is $69,021 a year.