Sigel, MI Economy


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United States / Michigan / No Metro Area / Huron County / Sigel / Zip Codes
Sigel, MI is a small city located in the state of Michigan. It is a quiet and quaint community with ample opportunities for work and leisure activities. With an incredibly affordable cost of living and including rent which averages at $820 for two bedrooms, Sigel is an ideal destination for those looking to save money while still having access to quality goods and services. The local Grocery Cost Index stands at 91 versus 100 in the US, meaning that groceries are even cheaper here than average! Local companies such as Tim's Auto Repair, Reeder's Clothing Store, and Thomas Park Veterinary Clinic provide trusted services to residents.

Sigel has an unemployment rate of 5.7%. The US average is 6.0%.

Sigel has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Sigel
- The Sales Tax Rate for Sigel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sigel 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 Sigel
- The average income of a Sigel resident is $26,369 a year. The US average is $28,555 a year.
- The Median household income of a Sigel resident is $63,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySigel, MichiganUnited States
  5.76
  -3.7%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,818$37,638
  $63,438$69,021
  $69,821$85,028
  Population by Occupation
  37.7%1.2%
  0.0%0.5%
  3.5%6.8%
  13.4%10.0%
  1.3%2.5%
  11.3%11.0%
  3.5%4.8%
  1.7%0.8%
  0.0%1.9%
  1.3%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  2.2%4.2%
  11.3%9.3%
  7.4%14.0%
  0.0%2.1%
  1.3%7.0%
  0.4%4.8%
  2.2%4.7%
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