Riverview, MI is a great place to live with its lower rental costs. The average two bedroom rent in Riverview is only $1,090 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index for Riverview is 95 compared to the US index of 100. This means groceries are even cheaper in Riverview. The city has an array of businesses for locals to explore including popular eateries like Pita Pit and Gametime Pizza as well as shopping destinations such as St Vincent de Paul Thrift Store and Walmart. Riverview also boasts many other services such as local banks and healthcare facilities for all its inhabitants.
Riverview has an unemployment rate of 5.6%. The US average is 6.0%.
Riverview has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Riverview
- The Sales Tax Rate for Riverview is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverview 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 Riverview
- The average income of a Riverview resident is $25,692 a year. The US average is $28,555 a year.
- The Median household income of a Riverview resident is $62,992 a year. The US average is $69,021 a year.