Day, MI is a small town located in the western part of Michigan. It has excellent access to major highways and convenient access to nearby cities such as Lansing and Detroit. The population is small with approximately 9,000 residents allowing for a tight-knit community atmosphere. Day, MI boasts several local businesses that contribute to its vibrant economy. These include the Day County Fairgrounds, which offers festivals and events year-round; the Day County Museum, a great destination for history buffs; and the Day County Community Center, which provides services to both residents and visitors alike.
Additionally, Day’s cost of living is lower than average due to its affordable housing prices. For example, 2 bedroom rental homes in Day are only $890/month compared to $1,430/month on average in the US; similarly grocery costs index at 91 versus 100 nationally. The local businesses provide job opportunities that make living in Day more affordable by providing competitive salaries and benefits packages for their employees. This makes it easier for people to make ends meet while still taking advantage of all of the wonderful amenities that this small town has to offer.
Day has an unemployment rate of 5.8%. The US average is 6.0%.
Day has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Day
- The Sales Tax Rate for Day is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Day 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 Day
- The average income of a Day resident is $20,566 a year. The US average is $28,555 a year.
- The Median household income of a Day resident is $52,717 a year. The US average is $69,021 a year.