Backus, MI is a small town located in Michigan. With a population of around 2,000, Backus is an affordable place to live with an average rent of only $770 for two bedrooms compared to the US average of $1,430. Grocery costs are also lower in Backus with its grocery cost index at 89 compared to the US index of 100. Backus is home to many local businesses such as Nature Boyz Lawn Care and Landscaping LLC, Zane’s Logging Services Inc., and Donald's Farm Market. The town offers a rural charm that can be hard to find in larger cities making it a desirable place to reside while still being close enough for access to resources like shopping or entertainment.
Backus has an unemployment rate of 9.9%. The US average is 6.0%.
Backus has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Backus
- The Sales Tax Rate for Backus is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Backus 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 Backus
- The average income of a Backus resident is $29,760 a year. The US average is $28,555 a year.
- The Median household income of a Backus resident is $60,938 a year. The US average is $69,021 a year.