Vassar, MI is a small town located in Tuscola County with a population of 2,856 people according to the 2019 census. The cost of living is fairly low in Vassar when compared to the national average; two bedroom rent averages $870 versus $1,430 nationally and the grocery cost index is 91 versus 100 nationally. Popular local businesses in Vassar range from family owned restaurants like The Vassar Cafe and Bakery to larger chains such as Walmart and Meijer. There are also plenty of outdoor activities to enjoy; Silver Lake State Park is a great spot for camping, fishing, kayaking and more. No matter what you're looking for, Vassar has something for everyone!
Vassar has an unemployment rate of 6.3%. The US average is 6.0%.
Vassar has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Vassar
- The Sales Tax Rate for Vassar is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vassar 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 Vassar
- The average income of a Vassar resident is $17,253 a year. The US average is $28,555 a year.
- The Median household income of a Vassar resident is $49,018 a year. The US average is $69,021 a year.