Rothbury, MI is a quaint town in Michigan's Lower Peninsula. With a small population of just over 1,000 people, it provides a peaceful and tranquil atmosphere. Rent for two bedroom apartments in Rothbury are affordable at $850 per month, which is significantly lower than the US average of $1,430. Groceries are also much more affordable in Rothbury with the Grocery Cost Index being 90 compared to 100 in the US. Local companies include Webers Market & Bakery, Pere Marquette Convenience Store & Gas Station, and Four Pointes Family Medical Center. All three businesses have served the residents of Rothbury for many years and play an integral role in the community's growth.
Rothbury has an unemployment rate of 8.0%. The US average is 6.0%.
Rothbury has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Rothbury
- The Sales Tax Rate for Rothbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rothbury 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 Rothbury
- The average income of a Rothbury resident is $17,351 a year. The US average is $28,555 a year.
- The Median household income of a Rothbury resident is $41,667 a year. The US average is $69,021 a year.