Almira, MI is a small town located in the Midwest with a charming atmosphere and close knit community. Renting a two bedroom apartment is very affordable at only $1,010 compared to the US average of $1,430. Almira also boasts an excellent grocery cost index at 95 versus 100 in the US, which makes it easier for families to purchase their groceries and other necessities. The town has many businesses such as Big Valley Auto Repair, Masterson's Bakery, Smith's Lumber Yard, and Fishman's Home Improvement store that provide necessary services for locals. There are also local cultural attractions offered in Almira including the annual theater festival and community art exhibits hosted by The Art Gallery of Greater Northwestern Michigan.
Almira has an unemployment rate of 6.9%. The US average is 6.0%.
Almira has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Almira
- The Sales Tax Rate for Almira is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Almira 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 Almira
- The average income of a Almira resident is $27,123 a year. The US average is $28,555 a year.
- The Median household income of a Almira resident is $84,550 a year. The US average is $69,021 a year.