Holden, MN is a small town with a population of only 700 people. It is located in the northern region of the state and serves as a great place to call home for those looking for an affordable cost of living without having to sacrifice convenience. The average rent for two-bedroom apartments in Holden is $910, which is significantly lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Holden is 98 compared to 100 in the US. In Holden there are many local businesses that provide goods and services to its residents, such as Hold’em Pizza Parlor and Holden Country Store & Bakery. Overall, residents of Holden enjoy an affordable cost of living that allows them to save more money while still enjoying city amenities close by.
Holden has an unemployment rate of 4.6%. The US average is 6.0%.
Holden has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Holden
- The Sales Tax Rate for Holden is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Holden 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 Holden
- The average income of a Holden resident is $32,958 a year. The US average is $28,555 a year.
- The Median household income of a Holden resident is $93,333 a year. The US average is $69,021 a year.