Westwood, MI is a small town located just outside of Grand Rapids, in Kent County. It has a population of just over 1,000 residents and offers its citizens a low cost of living. This is evidenced by the fact that the average 2 bedroom rent in Westwood is $990 per month which is much lower than the national average of $1,430. Similarly, grocery costs in Westwood are indexed at 94 versus 100 in the US. Local businesses in Westwood include Harriett's Hardware Store, Nick's Pizza Palace, and The Bikesmith Shop. Overall, Westwood is an affordable place to live with many local amenities.
Westwood has an unemployment rate of 5.1%. The US average is 6.0%.
Westwood has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Westwood
- The Sales Tax Rate for Westwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westwood 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 Westwood
- The average income of a Westwood resident is $25,771 a year. The US average is $28,555 a year.
- The Median household income of a Westwood resident is $52,663 a year. The US average is $69,021 a year.