Arden Hills, MN is a small city located in northern Minnesota. It is home to many local companies such as the Minnesota Department of Transportation, University Technology Enterprise Center, and Northstar Clinical Laboratories. The cost of living in Arden Hills is relatively affordable with an average two bedroom rent being $1,290 compared to the US average two bedroom rent of $1,430. Additionally, the grocery cost index in the city is 101 versus 100 nationwide. This makes Arden Hills an attractive place for those looking for a more affordable lifestyle.
Arden Hills has an unemployment rate of 4.5%. The US average is 6.0%.
Arden Hills has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Arden Hills
- The Sales Tax Rate for Arden Hills is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Arden Hills 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 Arden Hills
- The average income of a Arden Hills resident is $34,481 a year. The US average is $28,555 a year.
- The Median household income of a Arden Hills resident is $109,707 a year. The US average is $69,021 a year.