West Branch, MI is a vibrant city located in Michigan's Lower Peninsula near the Au Sable River. Recently, it has become an attractive destination for those looking to relocate due to its great cost of living. For starters, rent for a two-bedroom apartment is only $820 in West Branch versus the US average of $1,430. Additionally, the Grocery Cost Index stands at 90, which is 10% less than the US average of 100. The city also offers plenty of job opportunities with well-known local companies such as K-Mart and Starbucks along with many small business operations. All in all, West Branch has much to offer its residents when it comes to affordable living and employment options.
West Branch has an unemployment rate of 8.5%. The US average is 6.0%.
West Branch 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 16.3%, which is lower than the US average of 33.5%.
Tax Rates for West Branch
- The Sales Tax Rate for West Branch is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Branch 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 West Branch
- The average income of a West Branch resident is $16,648 a year. The US average is $28,555 a year.
- The Median household income of a West Branch resident is $32,172 a year. The US average is $69,021 a year.