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Ham Lake, MN Economy


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Ham Lake, MN is a vibrant city located in Anoka County, just outside of Minneapolis. It is an ideal location for those looking to experience the beauty of the Minnesota outdoors while still being close to the amenities of larger cities. On average, 2 Bedroom rental prices in Ham Lake are around $1,980 per month; this is much higher than the US average of $1,430 per month. Additionally, grocery costs in Ham Lake have a higher index at 103 opposed to 100 in the US. Locally based companies in Ham Lake include Henningson & Snoxell Architecture & Engineering and ACP Property Services LLC. \nOverall, Ham Lake has a slightly more expensive cost of living than other areas in the United States due to higher rental and grocery costs.

Ham Lake has an unemployment rate of 4.4%. The US average is 6.0%.

Ham Lake has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Ham Lake
- The Sales Tax Rate for Ham Lake is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Ham Lake is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Ham Lake
- The average income of a Ham Lake resident is $50,322 a year. The US average is $37,638 a year.
- The Median household income of a Ham Lake resident is $107,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHam Lake, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Ham Lake
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They have a 1 acre lot minimum in Ham Lake so you're not right on top of your neighbor. Quiet area with wildlife in the back yard. You can get to Minneapolis/St Paul in  More

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