Jonesfield, MI is a small town located in the heart of Michigan. It is known for its friendly community and low cost of living. The average two bedroom rental in Jonesfield is $970 per month, which is significantly lower than the US average of $1,430. This makes it an attractive option for people looking to save money on living expenses. Additionally, Jonesfield has a grocery cost index score of 92 compared to 100 for the US as a whole, making it even more affordable to buy food here.
Local companies in Jonesfield include First National Bank of Michigan, Michigan Community Credit Union and JF Manufacturing Inc. These organizations provide employment opportunities within the area that help keep prices low for residents. In addition, there are plenty of entertainment venues like movie theaters, restaurants and parks that bring people into town and help keep the local economy thriving.
Jonesfield has an unemployment rate of 6.8%. The US average is 6.0%.
Jonesfield 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 Jonesfield
- The Sales Tax Rate for Jonesfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jonesfield 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 Jonesfield
- The average income of a Jonesfield resident is $22,453 a year. The US average is $28,555 a year.
- The Median household income of a Jonesfield resident is $49,643 a year. The US average is $69,021 a year.