Fruitland, MI is a small town located in the Midwest. It is home to a number of businesses such as Fruitland Electronics, Fruitland Medical Services, and Fruitland Brewery. It also has some great parks and recreational activities for locals to enjoy. The cost of living in Fruitland is relatively low, with two bedroom rent costing $1,000 compared to the national average of $1,430. Additionally, the local grocery cost index is 95 versus 100 in the US. All this makes Fruitland an attractive option for those looking to live in a peaceful environment with good amenities at an affordable price.
Fruitland has an unemployment rate of 7.5%. The US average is 6.0%.
Fruitland has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Fruitland
- The Sales Tax Rate for Fruitland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fruitland 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 Fruitland
- The average income of a Fruitland resident is $46,603 a year. The US average is $37,638 a year.
- The Median household income of a Fruitland resident is $79,028 a year. The US average is $69,021 a year.