Ardenhurst, MN is a small city located in Hennepin County. It has a population of approximately 4,000 people and is known for its close-knit community and friendly residents. The town's economy is largely driven by local businesses such as Ardenhurst Diner, Ardenhurst Cleaners, and Ardenhurst Hardware Store. Additionally, there are several corporate spaces like retail stores and offices. The average 2 bedroom rent in Ardenhurst is $820 which is much lower than the US average 2 bedroom rent rate of $1,430. Also, the Grocery Cost Index in Ardenhurst is 94 compared to 100 in the US. Demographically speaking, majority of the population consists of white Americans who are mainly from European descent with some Asian American population too. In comparison to other cities in Minnesota, Ardenhurst offers a better cost of living and an ideal place to raise a family due to its pleasant atmosphere and strong sense of community values.
Ardenhurst has an unemployment rate of 6.2%. The US average is 6.0%.
Ardenhurst has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Ardenhurst
- The Sales Tax Rate for Ardenhurst is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ardenhurst 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 Ardenhurst
- The average income of a Ardenhurst resident is $25,471 a year. The US average is $28,555 a year.
- The Median household income of a Ardenhurst resident is $64,375 a year. The US average is $69,021 a year.