Brooklyn, MI is a small town nestled in the heart of Michigan. The cost of living is lower than the national average, with a 2 bedroom rent costing $1,030 compared to the US average of $1,430. Grocery cost index also fares better in Brooklyn than the US average at 95 versus 100. Local businesses in Brooklyn are plentiful and include Kiessel's Auto Repair, Lkq Pick Your Part, and Lake Street Auto Parts. There are also many restaurants around town such as Grand Cafe & Bakery and Mancino's Pizza & Grinders. Brooklyn has something to offer everyone with its small-town charm and great local businesses.
Brooklyn has an unemployment rate of 5.9%. The US average is 6.0%.
Brooklyn 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Brooklyn
- The Sales Tax Rate for Brooklyn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn 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 Brooklyn
- The average income of a Brooklyn resident is $21,581 a year. The US average is $28,555 a year.
- The Median household income of a Brooklyn resident is $34,293 a year. The US average is $69,021 a year.