Otisville, Michigan is a small town located in the Genesee County. It is a great place to live thanks to its low rent prices and affordable grocery costs. The average price for a two-bedroom apartment in Otisville is only $990, while the national average for the same size apartment is $1,430. Furthermore, the Grocery Cost Index in Otisville is only 94 compared to 100 nationally. There are numerous local businesses available such as D&J Markets, Otisville Country Store & Deli, and The Otter Den Sports Bar & Grill that make living in Otisville even more convenient. All in all, living in Otisville can be quite affordable and offers a great quality of life.
Otisville has an unemployment rate of 7.1%. The US average is 6.0%.
Otisville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Otisville
- The Sales Tax Rate for Otisville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Otisville 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 Otisville
- The average income of a Otisville resident is $21,635 a year. The US average is $28,555 a year.
- The Median household income of a Otisville resident is $53,958 a year. The US average is $69,021 a year.