Bangor charter township, MI is an attractive option for those seeking a more affordable cost of living. With an average two bedroom rent of $920 compared to the United States average rent of $1,430, housing costs are significantly lower in this area. Additionally, grocery store prices in Bangor charter township index at 90 compared to the US index of 100, further reducing the cost of living for its residents. The area is also home to a number of businesses such as Denso Manufacturing Michigan, Inc., Continental Biscuit Company, and Watson Industrial Finishing Inc that feature job opportunities for all levels of experience. With its lower costs and ample job opportunities, it's easy to see why Bangor charter township is an ideal place to live for those looking for a more affordable lifestyle.
Bangor charter has an unemployment rate of 6.4%. The US average is 6.0%.
Bangor charter has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Bangor charter
- The Sales Tax Rate for Bangor charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bangor charter 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 Bangor charter
- The average income of a Bangor charter resident is $29,783 a year. The US average is $37,638 a year.
- The Median household income of a Bangor charter resident is $45,160 a year. The US average is $69,021 a year.