Wheeler, Michigan is a small town located in the southeastern part of the state, close to the border with Ohio. It has a population of around 700 people and is known for its peaceful atmosphere and friendly locals. The cost of living here is lower than the national average with 2 bedroom rent rates at $1,060 compared to $1,430 nationally. Furthermore, Wheeler has a grocery cost index of 91 versus 100 in the US. There are several local companies that operate in Wheeler such as Wheeler Auto & Farm Supply Inc., Whelan’s Clothing Store and D & B Supermarket. Additionally, Wood-N-Cabinets Plus provides custom cabinets while other businesses offer services like repair and maintenance. With its affordable costs of living and access to quality services provided by local businesses, Wheeler is an attractive place to live.
Wheeler has an unemployment rate of 5.6%. The US average is 6.0%.
Wheeler has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Wheeler
- The Sales Tax Rate for Wheeler is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wheeler 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 Wheeler
- The average income of a Wheeler resident is $22,088 a year. The US average is $28,555 a year.
- The Median household income of a Wheeler resident is $53,384 a year. The US average is $69,021 a year.