Sunfield, MI is a great place to live for those looking for cost-effective housing and groceries. The average two bedroom rent of $870 makes it significantly less expensive than the national rate of $1430 - making it ideal for those on budgets or low incomes. Similarly, the Grocery Cost Index in Sunfield is 93 versus 100 in the US, meaning that grocery costs are much more affordable than elsewhere. This could make a big difference when it comes to saving money on food.
Sunfield has plenty of local businesses too - there are restaurants such as La Estrellita Mexican Restaurant, food stores like Meyer's Quality Market, and other amenities such as StarLite Lanes Bowling Alley and Funland Entertainment Center. This means there's plenty to do in Sunfield without having to travel far! All these factors combine to make Sunfield an attractive place to live for people looking for cost effectiveness and entertainment options all within close proximity.
Sunfield has an unemployment rate of 4.9%. The US average is 6.0%.
Sunfield has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Sunfield
- The Sales Tax Rate for Sunfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sunfield 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 Sunfield
- The average income of a Sunfield resident is $18,804 a year. The US average is $28,555 a year.
- The Median household income of a Sunfield resident is $62,396 a year. The US average is $69,021 a year.