Norden, MN is a great place to live. The average 2 bedroom rent in Norden is $950, which is much lower than the U.S. average of $1,430. Groceries are also more affordable in Norden as the cost index in Norden is 96 compared to the national average of 100. Living here can be quite affordable for those looking for an affordable place to live.
Norden is home to multiple local companies such as Jack's Auto Parts and Mauer's Dairy Farm & Feed Store. There are also many recreational activities offered here including fishing, hiking, camping, and golfing at one of the local courses such as the Ironwood Golf Course or the Midway Golf & Country Club. There are also plenty of parks and trails around Norden that make it a popular destination for outdoor enthusiasts. Overall, living in Norden provides people with an affordable lifestyle with plenty of diverse things to do both indoors and outdoors.
Norden has an unemployment rate of 5.7%. The US average is 6.0%.
Norden has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Norden
- The Sales Tax Rate for Norden is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Norden 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 Norden
- The average income of a Norden resident is $32,431 a year. The US average is $28,555 a year.
- The Median household income of a Norden resident is $80,260 a year. The US average is $69,021 a year.