La Salle, MI Economy


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La Salle, MI is a charming small town located in Monroe County. It is home to many small businesses such as La Salle Automotive, Al's Tire Center, and the La Salle Emporium. The cost of living in La Salle is relatively low compared to other parts of the country; the average 2 bedroom rent here is only $1,170 versus $1,430 across the United States. Additionally, groceries here are slightly cheaper with a Grocery Cost Index of 94 compared to 100 in the US. This makes La Salle ideal for those who are looking for a more affordable place to live without sacrificing quality of life.

La Salle has an unemployment rate of 5.6%. The US average is 6.0%.

La Salle has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for La Salle
- The Sales Tax Rate for La Salle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for La Salle 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 La Salle
- The average income of a La Salle resident is $30,693 a year. The US average is $28,555 a year.
- The Median household income of a La Salle resident is $70,043 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Salle, MichiganUnited States
  5.66
  -7.1%-6.2%
  25.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,416$37,638
  $70,043$69,021
  $81,932$85,028
  Population by Occupation
  0.5%1.2%
  0.5%0.5%
  8.4%6.8%
  23.3%10.0%
  3.0%2.5%
  7.0%11.0%
  7.0%4.8%
  2.3%0.8%
  2.8%1.9%
  2.4%4.7%
  0.5%1.9%
  6.7%7.6%
  0.0%0.1%
  1.8%4.2%
  11.1%9.3%
  12.4%14.0%
  0.5%2.1%
  4.6%7.0%
  3.7%4.8%
  1.5%4.7%
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