Springdale, MI is a small town located in the greater Detroit metropolitan area. It has a diverse population that provides a wide range of services and amenities to its residents. Rent in Springdale is quite affordable compared to other areas around the country with two bedroom apartments costing around $990 per month. Grocery costs are also lower than average at 92 on the grocery cost index versus 100 in the US. Local companies include Springdale Manufacturing, a metal fabrication shop, and Evans Technology Solutions, an IT company providing network solutions for businesses. All these factors make it an attractive destination for those looking for an affordable place to live in Michigan.
Springdale has an unemployment rate of 7.6%. The US average is 6.0%.
Springdale 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 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Springdale
- The Sales Tax Rate for Springdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springdale 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 Springdale
- The average income of a Springdale resident is $16,724 a year. The US average is $28,555 a year.
- The Median household income of a Springdale resident is $45,500 a year. The US average is $69,021 a year.