Halden, MN is a small town located in Minnesota. It is home to many local businesses such as Halden Motors, The Firehouse Bar & Grill, and Halden Pharmacy. The cost of living in Halden is quite affordable with a two bedroom rent of only $820 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Halden is 93 versus 100 in the US, making it an ideal place for those looking to save on their living expenses.
Halden has an unemployment rate of 4.8%. The US average is 6.0%.
Halden has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Halden
- The Sales Tax Rate for Halden is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Halden 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 Halden
- The average income of a Halden resident is $29,887 a year. The US average is $37,638 a year.
- The Median household income of a Halden resident is $52,083 a year. The US average is $69,021 a year.