Bethel, MI is a small rural town located in the southern region of Michigan. It is known for its peaceful atmosphere and close-knit community. Renting a two bedroom apartment in Bethel is very affordable at $900 per month compared to the US average of $1,430 per month. The cost of living is very low in Bethel as well - groceries are 8% less than the national average. There are many popular local companies in Bethel such as Pritula Inc., Small Town Auto Repair, and Anderson Bakery. These businesses create jobs and contribute to making Bethel an enjoyable place to live for its residents.
Bethel has an unemployment rate of 5.0%. The US average is 6.0%.
Bethel has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Bethel
- The Sales Tax Rate for Bethel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bethel 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 Bethel
- The average income of a Bethel resident is $23,515 a year. The US average is $37,638 a year.
- The Median household income of a Bethel resident is $56,563 a year. The US average is $69,021 a year.