Horton, MI is a great place to live due to the affordable cost of living. The average rent for a two bedroom in Horton is only $820, significantly lower than the US average of $1430. Additionally, the grocery cost index in Horton is only 90 compared to 100 in the US which proves that living expenses are low and reasonable. There are several great local companies located in Horton such as Quality Foods, an independent grocery store that offers fresh produce and deli items, and Auto Body Plus, a top-rated auto repair service that specializes in collision repairs and painting. There is also a thriving art scene with galleries like The Cultural Center Gallery at Northwood University showcasing local artists’ work.
Horton has an unemployment rate of 8.5%. The US average is 6.0%.
Horton has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Horton
- The Sales Tax Rate for Horton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Horton 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 Horton
- The average income of a Horton resident is $22,652 a year. The US average is $28,555 a year.
- The Median household income of a Horton resident is $46,842 a year. The US average is $69,021 a year.