Northfield, MI is a small city located near the midwestern state of Michigan. It is known for its charming downtown area with many local restaurants and stores. The cost of living in Northfield is quite affordable, as evidenced by the average two-bedroom rent being $1,300 compared to the US average of $1,430. The grocery cost index is also similar to that of the national average at 100. Local companies in Northfield include Cadence Health Care, LaFontaine Automotive Group, and Spartan Motors. There are also many outdoor activities in the area such as hiking trails at Waterloo Recreation Area or kayaking on Huron River. Other popular attractions include Zingerman’s Deli, North American Lumber Museum, and Hands On Museum Ann Arbor.
Northfield has an unemployment rate of 4.3%. The US average is 6.0%.
Northfield has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Northfield
- The Sales Tax Rate for Northfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Northfield 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 Northfield
- The average income of a Northfield resident is $31,615 a year. The US average is $28,555 a year.
- The Median household income of a Northfield resident is $79,890 a year. The US average is $69,021 a year.