Lambertville, MI is a small city located in Southeast Michigan. It is home to many local businesses such as Heide's Music Store, Bellacino's Pizza & Grinders, and the River Raisin Centre for the Arts. The cost of living in Lambertville is relatively low compared to the US average, with 2 bedroom rent at $1,200 versus $1,430 in the US and grocery cost index at 96 versus 100 in the US. Lambertville does not have an official population count but according to unofficial sources it has estimated around 8 thousand people living in it.
Lambertville has an unemployment rate of 5.6%. The US average is 6.0%.
Lambertville has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Lambertville
- The Sales Tax Rate for Lambertville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lambertville 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 Lambertville
- The average income of a Lambertville resident is $43,290 a year. The US average is $37,638 a year.
- The Median household income of a Lambertville resident is $93,415 a year. The US average is $69,021 a year.