Van Buren charter township, MI is a great place to live for those looking for an affordable and comfortable lifestyle. With the average two-bedroom rent at $1,230, residents enjoy prices that are well below the US average of $1,430. Similarly, the grocery cost index in Van Buren charter township is 96 compared to 100 in the US. This savings can add up quickly over time.
The charter township has plenty of local businesses that make living here convenient and enjoyable. These include popular restaurants like The Diamond Bakery & Deli and the Farmer's Market Café, as well as stores such as Lowes Home Improvement center and Walgreen's pharmacy. There are also several banks located within the township for financial services.
Overall, Van Buren Charter Township makes an excellent spot for those seeking a peaceful environment with all the amenities needed to live comfortably. Residents enjoy both low costs of living and abundant recreational activities to participate in.
Van Buren charter has an unemployment rate of 3.6%. The US average is 6.0%.
Van Buren charter has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Van Buren charter
- The Sales Tax Rate for Van Buren charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Van Buren charter 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 Van Buren charter
- The average income of a Van Buren charter resident is $38,068 a year. The US average is $37,638 a year.
- The Median household income of a Van Buren charter resident is $65,701 a year. The US average is $69,021 a year.