Jackson, MI is a great place to live with a variety of job opportunities available. Rent for two-bedrooms in Jackson is much lower than the national average, at $1,010 per month compared to $1,430. The grocery cost index in Jackson is also significantly lower than the US average at 92 versus 100. Companies like Consumers Energy, Steelcase, and Michigan State University are all headquartered in the city and offer employment opportunities. Jackson has a diverse range of industries from manufacturing to healthcare making it attractive to those looking for work. With such affordable rent and groceries, people living in Jackson have more disposable income to enjoy the many outdoor activities around town or invest in their future.
Jackson has an unemployment rate of 9.6%. The US average is 6.0%.
Jackson has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Jackson
- The Sales Tax Rate for Jackson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jackson
- The average income of a Jackson resident is $15,570 a year. The US average is $28,555 a year.
- The Median household income of a Jackson resident is $38,298 a year. The US average is $69,021 a year.