Blumfield, MI is a small town located in central Michigan with a population of about 5,000 people. It is known for its low cost of living and friendly atmosphere. The average rent for a two bedroom home in Blumfield is $810 which is significantly lower than the national average of $1,430. This makes Blumfield an attractive option for families looking to stretch their budget further. Additionally, groceries are even cheaper here - the Grocery Cost Index in Blumfield is 91 compared to 100 in the US. The town also boasts several local businesses such as Blumfield Diner and Dooley's Autobody Shop, which provide goods and services to locals at competitive prices.
Blumfield has an unemployment rate of 6.8%. The US average is 6.0%.
Blumfield has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Blumfield
- The Sales Tax Rate for Blumfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Blumfield 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 Blumfield
- The average income of a Blumfield resident is $28,510 a year. The US average is $28,555 a year.
- The Median household income of a Blumfield resident is $80,819 a year. The US average is $69,021 a year.