Weare, MI is a small town located in Michigan that offers an affordable cost of living and plenty of local businesses and amenities. The 2 bedroom rent in Weare, MI is significantly lower than the US average at $850 compared to $1,430. Additionally, the Grocery Cost Index in Weare, MI is 94 versus 100 in the US. This indicates that groceries are much more affordable in Weare than elsewhere in the country. Local businesses include Weare Clothing Co., Foundry Bistro & Bar, and The Market Place Supermarket. Amenities offered by this small town include a library, community center, parks with playgrounds, and swimming pool. There are also several churches for those who wish to attend. Residents of Weare have access to all these amenities along with low rental prices which make it an attractive place to live.
Weare has an unemployment rate of 8.0%. The US average is 6.0%.
Weare has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Weare
- The Sales Tax Rate for Weare is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Weare 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 Weare
- The average income of a Weare resident is $20,055 a year. The US average is $28,555 a year.
- The Median household income of a Weare resident is $51,250 a year. The US average is $69,021 a year.