Hagen, MN is a small city located in Minnesota with many local companies that make it a great place to live. Some of the notable companies include Hagen Plastics Inc., Hansen Foods, and Hagen Energy Group. The cost of living in Hagen is slightly lower than the US average, with 2 bedroom rent averaging $940 compared to $1,430 nationally. In addition, the Grocery Cost Index is 96 compared to an index of 100 for the US as a whole. This makes it an ideal place for those seeking an affordable and comfortable lifestyle.
Hagen has an unemployment rate of 3.8%. The US average is 6.0%.
Hagen has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Hagen
- The Sales Tax Rate for Hagen is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hagen 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 Hagen
- The average income of a Hagen resident is $26,733 a year. The US average is $28,555 a year.
- The Median household income of a Hagen resident is $79,375 a year. The US average is $69,021 a year.