Minden, LA is a city located in the northwestern corner of Louisiana near the Texas border. It has a population of approximately 13,000 people and boasts a wide array of businesses and attractions. The cost of living in Minden is lower than the US average with the average 2 bedroom rent costing $730 per month - substantially less than the US average at $1,430. Grocery costs are also lower in Minden with an index rating of 89 compared to 100 for the US. Local businesses include Ace Hardware, Walmart Supercenter, and Sabine Animal Clinic. In addition to these stores there are several restaurants such as Tanglewood Pizza & Grill and Sky Box Sports Bar & Grill that provide delicious meals for local residents. Overall, Minden offers affordability and convenience to its citizens making it an attractive place to live.
Minden has an unemployment rate of 6.0%. The US average is 6.0%.
Minden has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.0%, which is lower than the US average of 33.5%.
Tax Rates for Minden
- The Sales Tax Rate for Minden is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Minden is 6.0%. 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 $17,377 a year. The US average is $28,555 a year.
- The Median household income of a Minden resident is $25,661 a year. The US average is $69,021 a year.