Glen, MN Economy


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United States / Minnesota / No Metro Area / Aitkin County / Glen / Zip Codes
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 0.8% 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 $32,056 a year. The US average is $37,638 a year.
- The Median household income of a Glen resident is $51,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlen, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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