Glen, MN is an ideal place to live for those looking for affordable housing options and a low cost of living. The average 2-bedroom rent in the area is just $810, which is quite reasonable compared to the national average of $1,430. Additionally, the Grocery Cost Index in Glen is a mere 98 compared to 100 in the US. With it's low cost of living, Glen is home to many popular businesses such as Lakeland Realty & Management LLC, Axon Interiors Inc., and MSP SEO Consulting. Residents of Glen are sure to enjoy a comfortable lifestyle that doesn't break the bank.
Glen has an unemployment rate of 7.1%. The US average is 6.0%.
Glen has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Glen
- The Sales Tax Rate for Glen is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Glen 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 Glen
- The average income of a Glen resident is $23,437 a year. The US average is $28,555 a year.
- The Median household income of a Glen resident is $51,964 a year. The US average is $69,021 a year.