Handy, MI is a great place to live due to its lower cost of living compared to the rest of the United States. The average rent for a two-bedroom apartment is $1,090 while the same apartment in the US would cost an average of $1,430. This difference can be seen when comparing grocery costs as well; Handy's Grocery Cost Index is 97 compared to 100 in the US.
Living in Handy provides residents with access to numerous local businesses including Alpha Industries Inc., GMF Inc., and Elite Cleaning Services LLC. These companies provide employment opportunities and local goods and services such as manufacturing products, cleaning services, and other general maintenance services.
Overall, Handy offers its residents a lower cost of living than many places in the US which makes it attractive for those looking for more affordable housing options or those seeking small-town charm with good job opportunities.
Handy has an unemployment rate of 3.3%. The US average is 6.0%.
Handy 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 Handy
- The Sales Tax Rate for Handy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Handy 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 Handy
- The average income of a Handy resident is $23,373 a year. The US average is $28,555 a year.
- The Median household income of a Handy resident is $66,708 a year. The US average is $69,021 a year.