Beal City, MI is a small city in Michigan that has a lot of amenities to offer. The cost of living in Beal City is quite affordable with an average two bedroom rent for $910 compared to the US average of $1,430. Additionally, grocery costs index in Beal City is 93 versus 100 in the US. Local companies include Beal Bank & Trust, Abysmal Industries LLC, XYZ Corporation and Beall Building Supply. The cost of living in Beal City is very competitive and provides great value for money to its residents.
Beal City has an unemployment rate of 5.5%. The US average is 6.0%.
Beal City has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Beal City
- The Sales Tax Rate for Beal City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beal City 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 Beal City
- The average income of a Beal City resident is $17,239 a year. The US average is $28,555 a year.
- The Median household income of a Beal City resident is $67,500 a year. The US average is $69,021 a year.