Hackensack, MN is a small town located in the state of Minnesota. It is a great place to live due to its low cost of living. The average 2 bedroom rent in Hackensack is $860 while the US average is $1,430. Furthermore, Hackensack has an affordable grocery cost index of 100 compared to the US index of 100. Businesses such as The Home Depot, Walmart and Bank Midwest are some local companies that provide quality services for citizens of Hackensack. Other than it's low cost of living, Hackensack has a beautiful landscape with plenty of outdoor recreational activities such as fishing and hiking. With a small population and warm community atmosphere, Hackensack provides all you need for a peaceful and relaxing lifestyle.
Hackensack has an unemployment rate of 8.4%. The US average is 6.0%.
Hackensack has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Hackensack
- The Sales Tax Rate for Hackensack is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hackensack 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 Hackensack
- The average income of a Hackensack resident is $17,104 a year. The US average is $28,555 a year.
- The Median household income of a Hackensack resident is $32,000 a year. The US average is $69,021 a year.