Applegate, MI is a great place to live for those who are looking for an affordable lifestyle. The rent for a two-bedroom apartment is $800, which is much lower than the national average of $1,430. Grocery costs are also significantly cheaper in Applegate: 92 compared to the 100 of the US index. There are many local businesses that serve Applegate residents such as the Applegate Market & Deli, Chez' Bistro Cafe, and Ace Hardware. Additionally, there is plenty of natural beauty surrounding the town with numerous parks and forests nearby. All in all, Applegate is an excellent place to call home due to its affordability and access to local amenities.
Applegate has an unemployment rate of 6.4%. The US average is 6.0%.
Applegate has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Applegate
- The Sales Tax Rate for Applegate is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Applegate 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 Applegate
- The average income of a Applegate resident is $15,548 a year. The US average is $28,555 a year.
- The Median household income of a Applegate resident is $55,536 a year. The US average is $69,021 a year.