Kingsley, MI is a charming small town located between Traverse City and Cadillac in the Lower Peninsula. It's known for its lush green spaces, friendly atmosphere, and quaint Main Street shops. The cost of living in Kingsley is quite affordable with 2 bedroom rent averaging $1,070 compared to $1,430 in the US and groceries coming in at 94 on the Cost Index versus 100 in the US. Local businesses include The Junction Market which sells fresh produce grown by local farmers, Kingsley Hardware Store offering everything from home goods to power tools and hand-crafted furniture from Northwest Michigan Woodworkers Guild. There are plenty of outdoor activities to enjoy such as fishing or boating Lake Skegemog or taking a leisurely stroll around Mill Pond Park. Kingsley also offers a variety of amenities such as libraries, banks, churches and healthcare services.
Kingsley has an unemployment rate of 5.7%. The US average is 6.0%.
Kingsley has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Kingsley
- The Sales Tax Rate for Kingsley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kingsley 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 Kingsley
- The average income of a Kingsley resident is $20,860 a year. The US average is $37,638 a year.
- The Median household income of a Kingsley resident is $52,917 a year. The US average is $69,021 a year.