Coleman, MI is a small city located in mid-Michigan. It boasts a cost of living that is lower than the national average, with 2 bedroom rent costing only $820 and a grocery cost index of 91. The low cost of living is attractive to many looking for an affordable place to live or retire. Local companies in Coleman include: L&L Automotive Supply, The Shamrock Bar, Coleman Pharmacy, and Action Plumbing Services. All of these businesses provide residents with quality goods and services while contributing to the local economy.
Coleman has an unemployment rate of 5.2%. The US average is 6.0%.
Coleman has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Coleman
- The Sales Tax Rate for Coleman is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coleman 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 Coleman
- The average income of a Coleman resident is $16,344 a year. The US average is $28,555 a year.
- The Median household income of a Coleman resident is $39,118 a year. The US average is $69,021 a year.