Clark, MI is a great place to live with an affordable cost of living. The average 2 bedroom rent in Clark is $840, which is significantly lower than the US average of $1,430. Even grocery costs are relatively lower with a Grocery Cost Index of 94 versus 100 in the US. This makes Clark an attractive choice for those looking for more bang for their buck. There are many businesses in Clark such as Clark Supercenter, Sheffer's Products and Services, and Wilcox Builders that offer employment opportunities and services to the community. With its affordability and abundance of local businesses, Clark is a great option for young families or those looking to move to Michigan.
Clark has an unemployment rate of 16.2%. The US average is 6.0%.
Clark has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Clark
- The Sales Tax Rate for Clark is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clark 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 Clark
- The average income of a Clark resident is $38,123 a year. The US average is $37,638 a year.
- The Median household income of a Clark resident is $62,292 a year. The US average is $69,021 a year.