Edenville, MI is a small city located in the central part of Michigan. It is home to many local businesses such as Edenville Bakery, Edenville Furniture Company, and the Edenville Grocery Store. The cost of living is considerably lower in Edenville than it is throughout the rest of the United States. The average two bedroom rental costs only $900 per month compared to the national average of $1,430. Additionally, groceries and other goods are also much more affordable with an area grocery cost index of 92 compared to 100 nationally.
Edenville has an unemployment rate of 5.2%. The US average is 6.0%.
Edenville 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 Edenville
- The Sales Tax Rate for Edenville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edenville 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 Edenville
- The average income of a Edenville resident is $27,074 a year. The US average is $28,555 a year.
- The Median household income of a Edenville resident is $64,620 a year. The US average is $69,021 a year.