Baroda Township in Michigan is a great place to live with a low cost of living. It has an average two-bedroom rent for only $1,040, much lower than the US average of $1,430. The grocery cost index in Baroda Township is also very low at 94 compared to the US index of 100. There are plenty of local companies and amenities available in Baroda Township such as the Baroda Farmers Market, the Hidden Oaks Golf Course, and the Lakeshore Lanes Bowling Alley. Additionally, there are many parks like Lions Park and several hospitals such as Lakeland Medical Center and Borgess Lee Memorial Hospital nearby. This makes Baroda Township a great option for people looking for quality affordable living.
Baroda township has an unemployment rate of 5.8%. The US average is 6.0%.
Baroda township has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Baroda township
- The Sales Tax Rate for Baroda township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baroda township 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 Baroda township
- The average income of a Baroda township resident is $25,524 a year. The US average is $28,555 a year.
- The Median household income of a Baroda township resident is $63,917 a year. The US average is $69,021 a year.