Brant, MI is a small city with a population of just over 2,000 people. It is located in the southeastern part of Michigan and it has plenty to offer, including an affordable cost of living. Rent for two bedroom apartments in Brant is $880 compared to the national average of $1,430. Groceries are also cheaper here than in the US on average, with a grocery cost index of 93 versus 100 elsewhere. The city is home to several local businesses such as Brantwood Auto Repair and J&T Home Improvement, as well as numerous non-profit organizations including the Brant Community Development Corporation and the Brant Friendship Center.
Brant has an unemployment rate of 6.8%. The US average is 6.0%.
Brant 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 Brant
- The Sales Tax Rate for Brant is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Brant 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 Brant
- The average income of a Brant resident is $23,278 a year. The US average is $28,555 a year.
- The Median household income of a Brant resident is $67,063 a year. The US average is $69,021 a year.