Hendrum, MN is a small town in Minnesota with a population of about 500 people. It is a great place to live if you are looking for a more laid-back lifestyle. The rent for two bedroom apartments is $830 and the grocery cost index is 92 compared to 100 in the US. This makes living in Hendrum more affordable than most places. There are several local businesses that serve the area such as White鈥檚 Grocery, Soo Line Motors, and Hodgins Bakery which all provide needed services to the town鈥檚 residents. Additionally, there are several small restaurants and cafes located around town that offer delicious food at reasonable prices.
Hendrum has an unemployment rate of 5.7%. The US average is 6.0%.
Hendrum has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Hendrum
- The Sales Tax Rate for Hendrum is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hendrum 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 Hendrum
- The average income of a Hendrum resident is $29,741 a year. The US average is $37,638 a year.
- The Median household income of a Hendrum resident is $46,429 a year. The US average is $69,021 a year.