Haugen, MN Economy


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United States / Minnesota / No Metro Area / Aitkin County / Haugen / Zip Codes
Haugen, MN is a great place to call home. It has a wide range of amenities and affordable housing, with 2 bedroom rent averaging around $1,030 per month. Additionally, residents benefit from a low cost of living index compared to the US average. Haugen is also home to several local businesses such as Haugen Motors, which provides automotive sales and service; Haugen Lumber Co., which specializes in building supplies; and Valley Booksellers, which offers an extensive selection of books and magazines. With its combination of cost savings and local businesses, Haugen provides an ideal environment for those looking for a cost-effective place to live.

Haugen has an unemployment rate of 7.1%. The US average is 6.0%.

Haugen 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 Haugen
- The Sales Tax Rate for Haugen is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Haugen 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 Haugen
- The average income of a Haugen resident is $31,000 a year. The US average is $37,638 a year.
- The Median household income of a Haugen resident is $39,952 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaugen, 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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