Homer, MI is an affordable small city located in Calhoun County. It is a great place to live due to its low housing costs for 2 bedroom apartments with an average rent of $920, grocery cost index of 92 compared to 100 in the US, and various local attractions. The city is home to several businesses such as Homer Auto Sales, Del-Roc Lumber Company, and All About Dogs. Additionally, it has several shops that provide a unique experience such as The Resale Joint which specializes in vintage items, Unique Boutique for high-end clothing and accessories, and A Piece of Cake Bakery for delicious treats. Homer is also known for being a nature lover's paradise with many beautiful parks and trails that are perfect for hiking or biking.
Homer has an unemployment rate of 6.4%. The US average is 6.0%.
Homer has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Homer
- The Sales Tax Rate for Homer is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homer 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 Homer
- The average income of a Homer resident is $17,624 a year. The US average is $28,555 a year.
- The Median household income of a Homer resident is $40,882 a year. The US average is $69,021 a year.