Indianfields, MI is an up and coming area with a variety of businesses to choose from. It is known for its affordable cost of living, with 2 bedroom rentals at $840 compared to $1,430 in the US as a whole. Grocery costs are also lower than the national average, making it ideal for those on tight budgets. Local businesses such as Indianfields Supermarket, ABC Motors, and Smith's Carpentry offer residents and visitors plenty of choices when it comes to shopping and services. The economy in Indianfields is growing steadily due to continued investment in local development projects. With its low cost of living and wide variety of businesses, Indianfields is becoming an increasingly attractive place for people to live and work.
Indianfields has an unemployment rate of 6.3%. The US average is 6.0%.
Indianfields has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Indianfields
- The Sales Tax Rate for Indianfields is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Indianfields 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 Indianfields
- The average income of a Indianfields resident is $22,544 a year. The US average is $28,555 a year.
- The Median household income of a Indianfields resident is $51,667 a year. The US average is $69,021 a year.