Newfield, MI is a small town located in the southern part of the state. Known for its unique culture and charm, it has become a popular place to live for growing families and young professionals alike. Rent for a two bedroom apartment in Newfield is quite affordable at $830 per month compared to the national average of $1,430. Additionally, grocery costs in Newfield are on the lower side with an index of 91 versus 100 nationally, making living expenses relatively inexpensive.
The city also offers plenty of amenities to its residents. The Newfield Downtown District is full of local shops and restaurants such as Chanticleer Cafe & Bakery, El Tapatio Mexican Grill, and A Very Vintage Market offering unique experiences for visitors and locals alike. There are also many recreation opportunities from parks like Griswold Park to golf courses like Springwood Golf Course. For those looking for career opportunities, some of the major employers in Newfield include MaxLite Lighting Solutions, Abacus Corporation, and Evergreen Marketing Group. With its excellent quality of life and abundance of resources available to locals, it’s no wonder that many people choose to call Newfield home.
Newfield has an unemployment rate of 8.0%. The US average is 6.0%.
Newfield has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Newfield
- The Sales Tax Rate for Newfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newfield 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 Newfield
- The average income of a Newfield resident is $18,849 a year. The US average is $28,555 a year.
- The Median household income of a Newfield resident is $55,500 a year. The US average is $69,021 a year.