Bentley, MI is a small town located in Michigan with an estimated population of around 1,000 people. It is known for its affordable housing costs and low cost of living. The average rent for a two-bedroom apartment in Bentley is only $1,210 per month compared to the national average of $1,430. Additionally, the grocery cost index in Bentley is 91 compared to a 100 in the US. This makes it an attractive place to live for those who want to save money while still having access to basic amenities.
In Bentley there are several local businesses including Stotzels Family Farm Market which sells fresh produce and homemade jams and jellies as well as WKLQ Radio Station. The area also has several family owned restaurants such as the Riverview Cafe and H & M Family Restaurant plus numerous local shops that offer unique gifts and souvenirs.
Bentley has an unemployment rate of 7.5%. The US average is 6.0%.
Bentley has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Bentley
- The Sales Tax Rate for Bentley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bentley 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 Bentley
- The average income of a Bentley resident is $24,068 a year. The US average is $28,555 a year.
- The Median household income of a Bentley resident is $60,179 a year. The US average is $69,021 a year.