Minden, NY is a small town located in upstate New York. It offers an affordable lifestyle to its residents with the average 2 bedroom rent being only $950. This provides a much more economical option than the national average of $1,430. The grocery cost index of Minden is 96 compared to the US which stands at 100, making it an attractive place for those looking to save money on their weekly groceries. There are many local businesses located in Minden, including Miller's Farm Market, Bonshak Hardware Store and Middleton Feed & Supply. All three companies have served Minden and the surrounding areas for decades providing quality products and services for reasonable prices.
Minden has an unemployment rate of 7.8%. The US average is 6.0%.
Minden has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Minden
- The Sales Tax Rate for Minden is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Minden is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Minden
- The average income of a Minden resident is $20,819 a year. The US average is $28,555 a year.
- The Median household income of a Minden resident is $43,889 a year. The US average is $69,021 a year.