Highland, MI is an attractive location for renters looking for affordable housing. The cost of a two-bedroom apartment is $820, which is less than the US average of $1,430. Additionally, the grocery cost index in Highland is 91 against 100 in the US. This makes Highland an ideal place to live and work. The city has many local businesses that provide employment opportunities such as H & L Tool and Die Inc., Saline Lumber Company, and M & S Grinding Co Inc. All these companies offer great job opportunities for locals looking for a career change or fresh start.
Highland has an unemployment rate of 5.8%. The US average is 6.0%.
Highland has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Highland
- The Sales Tax Rate for Highland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highland 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 Highland
- The average income of a Highland resident is $21,672 a year. The US average is $28,555 a year.
- The Median household income of a Highland resident is $67,200 a year. The US average is $69,021 a year.