Clarence, MI is an attractive place to live boasting a low cost of living. With an average rent of $980 per month for a two bedroom apartment, compared to the US average of $1,430, Clarence offers a great opportunity for those looking to save money. Grocery costs in Clarence are also quite low with an index score of 92 when compared to the national benchmark of 100. Clarence has plenty to offer its residents in terms of local shops and attractions. Popular stores include Valley Hardware & Supply, Inc., The Local Yolk Cafe and The Red Door Boutique. In addition there are many outdoor activities available such as hiking trails at Fort Custer Recreation Area and fishing at Willard Park Lagoon.
Clarence has an unemployment rate of 6.4%. The US average is 6.0%.
Clarence 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 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Clarence
- The Sales Tax Rate for Clarence is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarence 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 Clarence
- The average income of a Clarence resident is $28,699 a year. The US average is $28,555 a year.
- The Median household income of a Clarence resident is $63,519 a year. The US average is $69,021 a year.