Woodbridge, MI is a vibrant city with many opportunities for residents to enjoy. The cost of living in Woodbridge is relatively low compared to the national average, with 2-bedroom rentals at $840 and a grocery cost index at 94 versus 100 in the US. This makes it an attractive place to call home for families and individuals alike. Home to several major employers such as General Motors, Delphi Automotive Systems, and Walmart Distribution Center, Woodbridge provides plenty of job opportunities. Residents can enjoy amenities like tennis courts, playgrounds, parks and trails, golf courses and nature centers that provide endless recreational opportunities. Shopping centers offer great shopping experiences with local boutiques and well-known stores. With its affordability and abundance of recreational activities, Woodbridge is an ideal place for those looking for a quality life.
Woodbridge has an unemployment rate of 5.4%. The US average is 6.0%.
Woodbridge has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Woodbridge
- The Sales Tax Rate for Woodbridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodbridge 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 Woodbridge
- The average income of a Woodbridge resident is $15,336 a year. The US average is $28,555 a year.
- The Median household income of a Woodbridge resident is $47,917 a year. The US average is $69,021 a year.