Montcalm, MI is a small town with an estimated population of around 10,000 people. It is located in central Michigan and is known for its beautiful landscapes and natural beauty. The cost of living is relatively low compared to the United States average; 2 bedroom rent in Montcalm averages at $1,000 compared to the US average of $1,430. Additionally, Grocery Cost Index in Montcalm is 93 versus 100 in the US.
Montcalm offers several local businesses such as Bread N' Batter Bakery, Jeff's Pizza Place, and Sweetheart Lane Boutique. Families can also enjoy many outdoor attractions such as Edmore Falls Recreational Area or Marble Lake Park. Additionally during the summer months visitors can enjoy local festivals such as the Annual Riverfest held every July. Montcalm is a great place to live or visit with something for everyone!
Montcalm has an unemployment rate of 5.8%. The US average is 6.0%.
Montcalm has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Montcalm
- The Sales Tax Rate for Montcalm is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montcalm 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 Montcalm
- The average income of a Montcalm resident is $23,189 a year. The US average is $28,555 a year.
- The Median household income of a Montcalm resident is $53,704 a year. The US average is $69,021 a year.