Marion, MI is a small city located in the state of Michigan. This charming residential area offers affordable rental rates for two-bedroom apartments, with the median rent being $820 compared to $1,430 across the US. Grocery costs are also significantly lower, with an index of 90 compared to 100 in the US. Popular local companies include Marion Manufacturing and Marathon Petroleum Corporation. The city is home to a thriving art and culture scene, as well as plenty of outdoor activities such as camping, fishing, and hiking. All in all, Marion continues to be an attractive place for those looking for affordable living options without compromising on quality of life.
Marion has an unemployment rate of 5.8%. The US average is 6.0%.
Marion has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $13,365 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $38,871 a year. The US average is $69,021 a year.