Columbiaville, MI is a small, but vibrant town located in the northern region of Michigan. It offers residents and visitors alike a range of recreational activities, entertainment options and much more. With an affordable cost of living and rent prices that are much lower than the state average, Columbiaville is an attractive destination for people looking to relocate or invest in real estate. The 2 bedroom rent in Columbiaville is $1,240 which is significantly lower than the US 2 Bedroom Rent of $1,430. In addition to rent costs being relatively low, Columbiaville also has a grocery cost index of 94 compared to the US average of 100.
The local economy in Columbiaville is mainly driven by industries such as transportation, health care and manufacturing. Notable companies include Big Boy Logistics Inc., Lapeer County Medical Care Facility and EMI Industries. Together these businesses provide employment for many of the town’s residents and contribute to the overall development of the community.
Columbiaville has an unemployment rate of 4.9%. The US average is 6.0%.
Columbiaville has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Columbiaville
- The Sales Tax Rate for Columbiaville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Columbiaville 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 Columbiaville
- The average income of a Columbiaville resident is $16,845 a year. The US average is $28,555 a year.
- The Median household income of a Columbiaville resident is $54,844 a year. The US average is $69,021 a year.