James, MI Economy


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James, MI is a town located in the state of Michigan. It has a number of local companies including ABC Industries, XYZ Corporation, and Main Street Business Solutions. The lifestyle in James is highly affordable with 2-bedroom rental rates at just $860 per month; far below the US average of $1,430 per month. Grocery costs are also lower than the national average with an index of 93 compared to 100 nationally. Overall, James offers great affordability for those looking for an affordable place to live in Michigan.

James has an unemployment rate of 6.8%. The US average is 6.0%.

James has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for James
- The Sales Tax Rate for James is 6.0%. The US average is 7.3%.
- The Income Tax Rate for James 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 James
- The average income of a James resident is $27,622 a year. The US average is $28,555 a year.
- The Median household income of a James resident is $67,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJames, MichiganUnited States
  6.86
  -7.7%-6.2%
  22.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,595$37,638
  $67,273$69,021
  $82,237$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  8.6%6.8%
  19.8%10.0%
  0.9%2.5%
  16.6%11.0%
  1.2%4.8%
  0.2%0.8%
  1.0%1.9%
  3.5%4.7%
  1.0%1.9%
  3.9%7.6%
  0.5%0.1%
  5.9%4.2%
  5.4%9.3%
  13.3%14.0%
  2.1%2.1%
  8.6%7.0%
  4.6%4.8%
  1.9%4.7%
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