Leonidas, MI is a small city located in the state of Michigan. It is known for its affordable living and low cost of living. Rent for a two bedroom apartment in Leonidas is only $870 compared to the US average of $1430. The Grocery Cost Index here is 93 compared to 100 in the US.
The city has many local businesses that contribute to its economy. These include Leonidas Brewery, Leonidas Motorcycle Company, Leonidas Bakery, and Leonidas Bookstore. These companies offer great products and services that make life easier for locals and tourists alike. The city also has many outdoor recreational activities like fishing, camping, hiking, and hunting that draw people from all over the region. With its affordable housing and diverse local businesses, Leonidas offers an ideal place to live or visit.
Leonidas has an unemployment rate of 4.9%. The US average is 6.0%.
Leonidas has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Leonidas
- The Sales Tax Rate for Leonidas is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leonidas 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 Leonidas
- The average income of a Leonidas resident is $22,894 a year. The US average is $28,555 a year.
- The Median household income of a Leonidas resident is $54,375 a year. The US average is $69,021 a year.