Watervliet, MI is a small town located in Berrien County. It is known for its affordability and is home to many local companies, such as Watervliet Graphics and Watervliet Construction Company. The cost of living in Watervliet is lower than the national average, with 2 bedroom rents being $950 a month compared to the national average of $1,430. Grocery costs are also cheaper in Watervliet than nationally at 92 versus 100 respectively. For those looking for an affordable place to live or visit that's close to nature, Watervliet offers all of that and more! Outdoors enthusiasts will find plenty of things to do including fishing on Paw Paw Lake or visiting nearby Warren Dunes State Park for camping, hiking, swimming, boating and more. There are also great restaurants like the Pier Cafe and Dylan’s Pub & Grill in town.
Watervliet has an unemployment rate of 5.8%. The US average is 6.0%.
Watervliet has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Watervliet
- The Sales Tax Rate for Watervliet is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Watervliet 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 Watervliet
- The average income of a Watervliet resident is $17,955 a year. The US average is $28,555 a year.
- The Median household income of a Watervliet resident is $49,815 a year. The US average is $69,021 a year.