Caldwell, MI is a small town located in the United States. It offers affordable living and a slower pace of life than many larger cities. The average 2 bedroom rent in Caldwell is $860, while the average 2 bedroom rent in the US is $1,430. The grocery cost index in Caldwell is 91 compared to 100 nationally. This makes Caldwell an affordable place for families and individuals alike to live and work. Local companies include Benjamin Steel Company, Moline Machine & Tool Co., and Craft-Bilt Manufacturing Company. These businesses offer a variety of employment opportunities for people living in Caldwell and the surrounding area.
Caldwell has an unemployment rate of 6.2%. The US average is 6.0%.
Caldwell 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 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Caldwell
- The Sales Tax Rate for Caldwell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caldwell 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 Caldwell
- The average income of a Caldwell resident is $23,205 a year. The US average is $37,638 a year.
- The Median household income of a Caldwell resident is $47,330 a year. The US average is $69,021 a year.