Dallas, MI Economy


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Dallas, MI is a small city located in the southeastern part of Michigan and is known as a great place to live. It has all the amenities that make for an ideal lifestyle, including affordable rent and low cost of living. The two-bedroom apartment rent in Dallas is only $860, which is significantly lower than the national average of $1,430. The grocery cost index in Dallas also stands at 94 compared to 100 nationally.
The city has many local businesses that serve the community such as Al’s Auto Repair, Bell Designers & Builders Inc., Deering Cleaners, and L&L Home Improvement Plus. These companies help provide residents with quality services and products to make their lives easier. Additionally, Dallas boasts an array of restaurants that offer a variety of cuisines such as Mexican, Chinese, and American styles. There are also several parks and recreational areas available for families to enjoy year round.

Dallas has an unemployment rate of 4.3%. The US average is 6.0%.

Dallas has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Dallas
- The Sales Tax Rate for Dallas is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dallas 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 Dallas
- The average income of a Dallas resident is $23,108 a year. The US average is $28,555 a year.
- The Median household income of a Dallas resident is $75,089 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDallas, MichiganUnited States
  4.36
  -6.6%-6.2%
  33.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,286$37,638
  $75,089$69,021
  $98,641$85,028
  Population by Occupation
  11.9%1.2%
  0.3%0.5%
  8.0%6.8%
  16.4%10.0%
  1.7%2.5%
  6.2%11.0%
  2.4%4.8%
  0.3%0.8%
  0.2%1.9%
  5.7%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  3.5%4.2%
  10.7%9.3%
  12.0%14.0%
  0.5%2.1%
  1.6%7.0%
  3.8%4.8%
  11.4%4.7%
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