Hampden, ND is a small town located in the Midwest with a population of approximately 537 people. Despite its size, Hampden offers many areas of opportunity and amenities for its residents. The cost of living is significantly lower than the national average, making it an affordable place to live. The median 2 bedroom rent is $840 compared to the US median of $1,430. Additionally, Hampden has a grocery cost index of 100 versus 100 in the US! Local companies that make up Hampden's economy are J&E Sales Inc., H&R Trucking LLC., and Heuer Farms and Trucking. Hampden also boasts a variety of amenities such as several parks, two golf courses, tennis courts, and a community center with an indoor pool. There are also several nearby lakes for fishing and camping as well as trails for hiking and biking!
Hampden has an unemployment rate of 4.3%. The US average is 6.0%.
Hampden has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Hampden
- The Sales Tax Rate for Hampden is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hampden is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hampden
- The average income of a Hampden resident is $36,003 a year. The US average is $28,555 a year.
- The Median household income of a Hampden resident is $29,063 a year. The US average is $69,021 a year.