Bates, MI is an affordable place to live with a 2 bedroom rent of only $840, much lower than the national average of $1,430. The grocery cost index in Bates is also lower than the national average at 89 compared to 100. It is a great option for those who want to save money without sacrificing their lifestyle. There are a number of local businesses in Bates that offer quality goods and services such as Bailey Brothers Grocery Store, Bates Automotive Service, and Johnson & Son Construction. Overall, Bates is an excellent city for those looking for a safe and affordable place to call home with plenty of amenities.
Bates has an unemployment rate of 6.8%. The US average is 6.0%.
Bates has seen the job market increase by 0.8% 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 Bates
- The Sales Tax Rate for Bates is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bates 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 Bates
- The average income of a Bates resident is $29,816 a year. The US average is $28,555 a year.
- The Median household income of a Bates resident is $47,206 a year. The US average is $69,021 a year.