Coe, MI is a small town located in central Michigan. It is a great place to live due to its affordability and amenities that make life easier. The average rent for a two-bedroom apartment in Coe is just $850 compared to the US average of $1,430, which makes it an attractive option for those looking for affordable housing. Additionally, the Grocery Cost Index in Coe is 92 versus 100 in the US, making groceries more affordable in this area than other parts of the country.
Coe has many local businesses that make life comfortable and economical for its residents. These include stores such as Main Street Meats & Deli, Lakeshore Market & Café, and Countryside Hardware & Rental Center. There are also several restaurants such as Redwood Grill & Tavern and Karla’s Kitchen providing delicious food at reasonable prices.
Overall, Coe has a low cost of living with low rental costs and grocery prices - two key components to a comfortable lifestyle on a budget. With plenty of local businesses providing products and services that make life easier, this small town offers both convenience and affordability to its inhabitants.
Coe has an unemployment rate of 5.5%. The US average is 6.0%.
Coe 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 Coe
- The Sales Tax Rate for Coe is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coe 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 Coe
- The average income of a Coe resident is $22,583 a year. The US average is $28,555 a year.
- The Median household income of a Coe resident is $59,239 a year. The US average is $69,021 a year.