Almena, MI is a great place to live with many local businesses to visit. According to the given content, the 2 Bedroom Rent in Almena is much more affordable than the US average at $1,050 compared to $1,430. Additionally, groceries are even cheaper with a Grocery Cost Index of 96 compared to 100 in the US. There are plenty of companies in Almena like Almena Lumber & Hardware Co., The School of Dance Arts and DeWitt Chiropractic Clinic that provide services ranging from home improvement to wellness care. Overall, Almena provides an excellent cost of living for those who want to enjoy all the benefits of small-town life.
Almena has an unemployment rate of 6.6%. The US average is 6.0%.
Almena has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Almena
- The Sales Tax Rate for Almena is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Almena 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 Almena
- The average income of a Almena resident is $38,450 a year. The US average is $37,638 a year.
- The Median household income of a Almena resident is $79,801 a year. The US average is $69,021 a year.