Vergennes, MI is a small community in Michigan that has much to offer. It has a low two bedroom rent of only $1,210 and a grocery cost index of 98 when compared to the United States which is 100. This makes it an attractive place for those looking for affordable housing with access to stores and other local amenities. Businesses in the area include Vergennes Hardware and Garden Center, Hometown Brewery, Java Joint Coffee House, and more. All these businesses create plenty of employment opportunities along with providing great service to the local community. Vergennes is certainly worth considering for those looking to relocate or find a good place to buy property.
Vergennes has an unemployment rate of 4.8%. The US average is 6.0%.
Vergennes has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Vergennes
- The Sales Tax Rate for Vergennes is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vergennes 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 Vergennes
- The average income of a Vergennes resident is $28,954 a year. The US average is $28,555 a year.
- The Median household income of a Vergennes resident is $103,583 a year. The US average is $69,021 a year.