Riverton, MI is an attractive city for people who are looking to save on rent and groceries. The average 2-bedroom rental cost in Riverton is $900, which is significantly lower than the national average of $1,430. This city also presents great savings on groceries with a Grocery Cost Index of 92 compared to the US index of 100.
Riverton has many local establishments that make it a flourishing community. Residents enjoy shopping at local stores such as the Dollar General and Adrian Supermarket. When it comes to entertainment, visitors can enjoy outdoor activities at nearby Lake Keepitclean or take in a movie at Regal Cinema. For those looking to stay active there are several gyms such as Anytime Fitness and Planet Fitness. With so much to offer, Riverton is surely worth considering for any prospective renter!
Riverton has an unemployment rate of 6.9%. The US average is 6.0%.
Riverton has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Riverton
- The Sales Tax Rate for Riverton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverton 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 Riverton
- The average income of a Riverton resident is $21,273 a year. The US average is $28,555 a year.
- The Median household income of a Riverton resident is $55,388 a year. The US average is $69,021 a year.