Alden, MI is a small town located in Michigan. It is known for its quiet atmosphere and beautiful countryside. The two bedroom rent in Alden is $880 while it is $1,430 in the US as a whole. In addition, the grocery cost index in Alden is 93 compared to 100 on average of the entire United States. This makes Alden an affordable place for those looking to move or visit. Local companies in Alden include S&S Automotive, Burns Excavating LLC, and D&H Farms LLC. While these businesses are well-known throughout the area, they pale in comparison to larger national brands found across the country. Despite this difference however, Alden remains an attractive option for many seeking a peaceful atmosphere without sacrificing affordability.
Alden has an unemployment rate of 7.8%. The US average is 6.0%.
Alden has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Alden
- The Sales Tax Rate for Alden is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alden 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 Alden
- The average income of a Alden resident is $30,865 a year. The US average is $28,555 a year.
- The Median household income of a Alden resident is $49,063 a year. The US average is $69,021 a year.