Lenox, MI is a small but vibrant city located in Tuscola County. It has plenty of amenities to offer residents including several local businesses such as Lenox Township Fire Dept., Crossroads Grocery & Deli, Kimm's Market, and Giorgio's Pizza & Subs. The cost of living in Lenox is relatively low with rent for a two bedroom apartment costing $1,350 compared to the US average which is $1,430. Furthermore, grocery costs in Lenox are 96 compared to the US average of 100. Altogether these factors make Lenox an ideal spot for those looking for a more affordable yet fulfilling lifestyle.
Lenox has an unemployment rate of 4.3%. The US average is 6.0%.
Lenox has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Lenox
- The Sales Tax Rate for Lenox is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lenox 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 Lenox
- The average income of a Lenox resident is $21,680 a year. The US average is $28,555 a year.
- The Median household income of a Lenox resident is $63,391 a year. The US average is $69,021 a year.