Green Oak, Michigan is a beautiful town located near Ann Arbor and Detroit. It's known for its scenic views and outdoor activities, making it a great place to live. The cost of living in Green Oak is lower than the US average with 2 bedroom rent costing around $1,280 compared to the US average of $1,430. Grocery Cost Index in Green Oak is also much lower than that in the US, with an index of 100 versus 100 in the US. Local companies within Green Oak include Franklin Wines and Beer Garden for those looking for a good time out on the town; Aesthetic Landscaping Services for landscaping needs; and Onsite Medical Solutions for medical services. All in all, Green Oak is an affordable option for those seeking a comfortable lifestyle close to many great attractions in Michigan.
Green Oak has an unemployment rate of 3.3%. The US average is 6.0%.
Green Oak has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Green Oak
- The Sales Tax Rate for Green Oak is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Green Oak 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 Green Oak
- The average income of a Green Oak resident is $33,745 a year. The US average is $28,555 a year.
- The Median household income of a Green Oak resident is $104,886 a year. The US average is $69,021 a year.