Harding, MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Harding / Zip Codes
Harding, MN is a small town located in the midwest with a population of less than 100 people. The overall cost of living is relatively low compared to other areas in the US, making it an ideal place to live for those looking for affordable housing options. On average, two bedroom rentals are nearly half the national average at $820 per month, and grocery costs remain exactly the same as that of the US Index at 100. The town itself does not have many businesses, but there are local farms that provide fresh produce to residents as well as several convenience stores. All in all, Harding, MN is an affordable place to live with plenty of options for rural living and farm fresh products.

Harding has an unemployment rate of 7.1%. The US average is 6.0%.

Harding has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Harding
- The Sales Tax Rate for Harding is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Harding 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 Harding
- The average income of a Harding resident is $16,517 a year. The US average is $28,555 a year.
- The Median household income of a Harding resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarding, MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $26,096$37,638
  $55,000$69,021
  $61,250$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  6.5%6.8%
  14.5%10.0%
  0.0%2.5%
  12.9%11.0%
  1.6%4.8%
  0.0%0.8%
  0.0%1.9%
  9.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  14.5%4.2%
  4.8%9.3%
  24.2%14.0%
  1.6%2.1%
  0.0%7.0%
  4.8%4.8%
  3.2%4.7%
Reviews for Harding
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Living in a tiny town, near a small town, but close enough to a mid size town is the best of both worlds. Central MN is very affordable and the people are truly among  More

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