Plymouth, MI is a great place to live with affordable rent and cost of living. A two bedroom apartment in Plymouth, MI has a median rent of $1,270 compared to the U.S average of $1,430. Additionally, the Grocery Cost Index in Plymouth is 102 compared to 100 in the US making it an even more attractive location for prospective residents. The area is home to several local businesses such as Michigan Solar Solutions, Centerline Chiropractic & Wellness Center, and Kroger's Supermarket. Many of these businesses provide quality services and products to locals and visitors alike making it a great place to live and visit.
Plymouth has an unemployment rate of 2.1%. The US average is 6.0%.
Plymouth has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Plymouth
- The Sales Tax Rate for Plymouth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Plymouth 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 Plymouth
- The average income of a Plymouth resident is $39,852 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth resident is $96,250 a year. The US average is $69,021 a year.