Big Rapids, MI Metro Area is a great place to live because of its affordable rent and cost of living. The 2 bedroom rent in Big Rapids is only $830, over $600 cheaper than the US average of $1,430 per month. The Grocery Cost Index for Big Rapids is 92 compared to the national average of 100, indicating that groceries are more affordable here too. Big Rapids also boasts many local businesses such as Meijer, Oleson's Food Stores, and Tractor Supply Company which provide employment opportunities for residents. All in all, Big Rapids provides a great quality of life at an affordable price for anyone looking to move to this area.
Big Rapids Metro Area has an unemployment rate of 7.0%. The US average is 6.0%.
Big Rapids Metro Area has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Big Rapids Metro Area
- The Sales Tax Rate for Big Rapids Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Big Rapids Metro Area 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 Big Rapids Metro Area
- The average income of a Big Rapids Metro Area resident is $19,783 a year. The US average is $28,555 a year.
- The Median household income of a Big Rapids Metro Area resident is $48,440 a year. The US average is $69,021 a year.