Koehler, MI is a small town located in the rural United States. It is known for its tight-knit community and affordable housing costs. Recently, 2 bedroom apartments have gone up to a reasonable price of $850 which is much more affordable compared to the US average of $1,430. Additionally, the Grocery Cost Index in Koehler is 91 versus 100 in the US making groceries more budget-friendly.
Koehler has a range of local businesses from small independent stores to larger chains such as Walmart and Target. There are also restaurants such as The Country Inn Restaurant & Bakery that offer delicious home cooked meals. Other notable businesses include Peebles Department Store with their wide selection of clothing items and Koehler Town Properties offering rentals at great prices.
Overall, Koehler has a low cost of living due to lower rent prices and cheaper groceries than most other areas in the United States. This makes it an ideal location for those who want to live comfortably without spending too much money on basic necessities.
Koehler has an unemployment rate of 13.1%. The US average is 6.0%.
Koehler 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 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Koehler
- The Sales Tax Rate for Koehler is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Koehler 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 Koehler
- The average income of a Koehler resident is $21,171 a year. The US average is $28,555 a year.
- The Median household income of a Koehler resident is $58,542 a year. The US average is $69,021 a year.