Minden, NV is a small town located in Douglas county near the Carson Valley. The cost of living in Minden is quite affordable compared to the US average; specifically, it costs 12% less than the national average rent for two-bedroom apartments. Additionally, grocery costs are 5% lower than the nation's index. Since Minden has such an affordable cost of living, it attracts many businesses and local companies to its area. Popular local companies include Minden Electric Company, which provides electrical services to homes and businesses around town; Gepford Lumber & Supply Co., an independent lumber company; and D&D Automotive Repair, which offers car repair services.
Minden has an unemployment rate of 4.5%. The US average is 6.0%.
Minden has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Minden
- The Sales Tax Rate for Minden is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Minden is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Minden
- The average income of a Minden resident is $32,917 a year. The US average is $28,555 a year.
- The Median household income of a Minden resident is $78,375 a year. The US average is $69,021 a year.