Bay View, MI is a small city in Michigan with a rich culture and lively community. It is known for its affordability, with average two bedroom rent at $990 compared to the national average of $1,430. Grocery cost index in Bay View is 95 versus the US index of 100. This makes it an attractive place to live for those on a budget. The city has plenty of local businesses that offer quality products and services such as Bay View Bakers, an artisanal bakery selling freshly baked goods, and Healthy Choices Café which offers organic-based meals made from locally sourced ingredients. Residents enjoy a wide variety of outdoor activities like biking or exploring the trails at Bay View State Park. There are also numerous cultural events throughout the year such as local art exhibitions and music festivals that make this area unique and vibrant.
Bay View has an unemployment rate of 7.5%. The US average is 6.0%.
Bay View has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Bay View
- The Sales Tax Rate for Bay View is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bay View 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 Bay View
- The average income of a Bay View resident is $62,088 a year. The US average is $37,638 a year.
- The Median household income of a Bay View resident is $0 a year. The US average is $69,021 a year.