China, MI is an attractive city located in Michigan, offering plenty of options for residents. The average two-bedroom rent of $1,020 makes it one of the most affordable locations in the area. With a Grocery Cost Index at 98, compared with 100 in the US, shopping for groceries is also very economical. \nThe city has an abundance of amenities and activities to keep its residents busy such as local parks to explore or attend recreational activities. Additionally, there are many businesses and companies such as China Central Manufacturing Company and Chippewa Tractor that offer job opportunities and great careers. All these factors make China MI a desirable place to live.
China has an unemployment rate of 4.5%. The US average is 6.0%.
China has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for China
- The Sales Tax Rate for China is 6.0%. The US average is 7.3%.
- The Income Tax Rate for China 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 China
- The average income of a China resident is $31,241 a year. The US average is $28,555 a year.
- The Median household income of a China resident is $84,704 a year. The US average is $69,021 a year.