Shields, MI is an excellent place to live and work. The cost of living is very low with a two bedroom apartment renting for just $860 compared to the US average of $1,430. Grocery costs are also lower as the Index in Shields is 93 compared to 100 for the US on average. With such great prices, it's no surprise that Shields has become home to many businesses and organizations including Shields Auto Rebuilders, Heuermann Plumbing & Heating, Midwest Tooling & Machining, and Two Ducks Design. Finding a job here shouldn’t be hard because these companies provide plenty of opportunities to local residents.
Shields has an unemployment rate of 6.8%. The US average is 6.0%.
Shields has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Shields
- The Sales Tax Rate for Shields is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shields 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 Shields
- The average income of a Shields resident is $26,528 a year. The US average is $28,555 a year.
- The Median household income of a Shields resident is $73,771 a year. The US average is $69,021 a year.