Chums Corner, MI is a small town located in the Midwest. It offers a variety of amenities and is known for its affordable living expenses. The average rent for a two-bedroom home in Chums Corner is $1,090, compared to the US average of $1,430. This makes it an ideal choice for those looking for budget-friendly housing options. Groceries are also much cheaper in Chums Corner than they are on average in the US, with an index score of 97 versus 100 in the US.
The town features many local businesses such as Chums Convenience Store, Bigbee Pharmacy, and A&R Auto Parts which provide important services to residents and visitors alike. There are also numerous other small businesses that contribute to the economy of Chums Corner, making it an attractive place to live and work. Overall, Chums Corner provides an economical lifestyle that can be difficult to find elsewhere when comparing against the national standards; making it an excellent choice for those looking for affordability without sacrificing quality or convenience.
Chums Corner has an unemployment rate of 5.7%. The US average is 6.0%.
Chums Corner has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Chums Corner
- The Sales Tax Rate for Chums Corner is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chums Corner 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 Chums Corner
- The average income of a Chums Corner resident is $32,035 a year. The US average is $37,638 a year.
- The Median household income of a Chums Corner resident is $63,684 a year. The US average is $69,021 a year.