Bendon, MI is a city located in Michigan with an estimated population of 8,514 people. The 2 bedroom rent cost for Bendon is $1,080 which is lower than the US average of $1,430. In addition to lower rent costs, grocery costs index in Bendon is 94 versus 100 in the US making it more affordable to live compared to other cities across America. Local companies such as Little Caesars Pizza, Great Lakes Fasteners & Supply Co., and Auto Glass Now have all found their home in Bendon and are providing quality service to its residents. All together the cost of living in Bendon is much lower than what you would find across many parts of America making it a great place for people looking to make a move and save money.
Bendon has an unemployment rate of 6.9%. The US average is 6.0%.
Bendon has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Bendon
- The Sales Tax Rate for Bendon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bendon 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 Bendon
- The average income of a Bendon resident is $19,099 a year. The US average is $28,555 a year.
- The Median household income of a Bendon resident is $61,193 a year. The US average is $69,021 a year.