Huntington Woods, MI is a great place to live, whether you're looking for an affordable place to call home or just wanting to get away from the hustle and bustle of the big city. With a two bedroom rent of $1,800 in Huntington Woods, MI compared to $1,430 in the US it is easy to see why people choose this city as their desired destination. It has many local amenities such as grocery stores like Whole Foods Market and Trader Joe's that offer a Grocery Cost Index of 102 versus 100 in the US. It also offers local retail shops, restaurants, coffee shops, parks and recreation areas. Thus making it a great place for both individuals and families alike to settle down and enjoy a peaceful life.
Huntington Woods has an unemployment rate of 3.5%. The US average is 6.0%.
Huntington Woods has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Huntington Woods
- The Sales Tax Rate for Huntington Woods is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Huntington Woods 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 Huntington Woods
- The average income of a Huntington Woods resident is $56,184 a year. The US average is $28,555 a year.
- The Median household income of a Huntington Woods resident is $157,665 a year. The US average is $69,021 a year.