Litchfield, MI is a small town in Michigan offering affordable housing and cost of living. The average rent for a 2 bedroom apartment in Litchfield is only $910 per month, much lower than the national average of $1,430. Groceries are also cheaper in Litchfield with the local grocery cost index being 93 versus 100 in the US. There are many attractions and businesses to explore in Litchfield such as Allen's Orchard and Gillingham Golf Course where you can pick your own apples or have a fun day on the green. For clothing needs, there is The Market Place downtown, which offers unique fashion items from around the world. If you're looking for a bite to eat then try Treasures Restaurant or Big Boy Restaurant for classic American cuisine. With so much to do and see it's no wonder why people are flocking to Litchfield!
Litchfield has an unemployment rate of 5.4%. The US average is 6.0%.
Litchfield has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Litchfield
- The Sales Tax Rate for Litchfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Litchfield 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 Litchfield
- The average income of a Litchfield resident is $18,010 a year. The US average is $28,555 a year.
- The Median household income of a Litchfield resident is $46,182 a year. The US average is $69,021 a year.