Breckenridge, MI is a small town with many advantages to offer its residents. The two bedroom rent costs are $910, which is substantially lower than the national average of $1,430. Additionally, the Grocery Cost Index in Breckenridge is 90 versus 100 in the US. This means that groceries will cost less in Breckenridge than in other parts of the country.
The town is home to several businesses including Ray's Garden Center, Anderson's Farm and Greenhouse, Countryside Plumbing & Heating, and Breckenridge Tire & Auto Repair. Each of these local companies provide a variety of services to meet the needs of both residents and visitors.
Breckenridge has an unemployment rate of 5.6%. The US average is 6.0%.
Breckenridge has seen the job market decrease by -4.5% 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 Breckenridge
- The Sales Tax Rate for Breckenridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Breckenridge 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 Breckenridge
- The average income of a Breckenridge resident is $24,695 a year. The US average is $37,638 a year.
- The Median household income of a Breckenridge resident is $49,583 a year. The US average is $69,021 a year.