Hayden, IN Economy


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Hayden, IN is a small town located in the northeast corner of Indiana. It's known for its countryside landscapes and low cost of living. The average two-bedroom rent is $860, which is considerably lower than the national average of $1,430. The grocery cost index in Hayden is 93 versus 100 in the US. This means groceries here are generally cheaper than the national average. In Hayden, there are several local companies such as Johnson Feed Mill and Arvisco Farms who provide goods and services to the area. There’s even a historical downtown district full of unique shops and eateries open year-round.

Hayden has an unemployment rate of 5.0%. The US average is 6.0%.

Hayden 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 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Hayden
- The Sales Tax Rate for Hayden is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hayden is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hayden
- The average income of a Hayden resident is $16,842 a year. The US average is $28,555 a year.
- The Median household income of a Hayden resident is $114,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHayden, IndianaUnited States
  56
  -4.8%-6.2%
  31.9%33.5%
  7.0%6.2%
  5.7%4.6%
  $28,836$37,638
  $114,111$69,021
  $114,528$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.6%6.8%
  37.9%10.0%
  0.0%2.5%
  14.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.0%9.3%
  24.4%14.0%
  0.0%2.1%
  6.7%7.0%
  0.0%4.8%
  3.4%4.7%
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