Midland, MI is a cheerful city located in the Saginaw Valley region. It is home to a number of popular companies such as The Dow Chemical Company, Midland Cogeneration Venture and Northwood University. It offers a variety of activities for locals and visitors alike with an array of museums, restaurants, parks and sports complexes. In terms of cost of living, rent for a two bedroom apartment averages around $990 , which is lower than the national average of $1,430. Groceries are also relatively cheap with the index being 92, compared to 100 nationwide. Overall, Midland is an affordable place to live with plenty to do and see.
Midland has an unemployment rate of 4.2%. The US average is 6.0%.
Midland has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Midland
- The Sales Tax Rate for Midland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Midland
- The average income of a Midland resident is $30,715 a year. The US average is $28,555 a year.
- The Median household income of a Midland resident is $67,558 a year. The US average is $69,021 a year.