Paradise, MI is an idyllic town with a population of about 3,500 people. It is known for its affordability — with two bedroom rent at $1,070, which is significantly lower than the U.S. average of $1,430 — and low cost of living, as reflected in the Grocery Cost Index of 94 versus 100 in the US. The small town atmosphere makes it a great place to live for families that want to enjoy the outdoors and local attractions while staying connected with the larger world. There are plenty of activities to enjoy here, such as horseback riding at Black Pearl Equestrian Center or visiting the many shops on Main Street. For businesses, Paradise is home to companies like Endeavor Precision Manufacturing and D&D Automotive Parts Supply. All in all, Paradise is a perfect place to live, work, and play!
Paradise has an unemployment rate of 5.7%. The US average is 6.0%.
Paradise 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 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Paradise
- The Sales Tax Rate for Paradise is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paradise 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 Paradise
- The average income of a Paradise resident is $20,560 a year. The US average is $28,555 a year.
- The Median household income of a Paradise resident is $66,094 a year. The US average is $69,021 a year.