Covert, MI is a small town located in the south western corner of Michigan. It boasts a population of about 1,000 people, with a median household income of $50,767. Although it is small, Covert offers many companies and services to its residents. There are several grocery stores, restaurants, banks, and local businesses such as a hardware store and auto repair shops. Two bedroom apartments in the area rent for around $970 per month on average which is lower than the US average of $1,430 per month. Additionally, Covert boasts a lower than average Grocery Cost Index rating of 92 compared to 100 in the US. With its convenient location to larger cities like Chicago and Detroit as well as its friendly atmosphere and affordable cost of living; Covert remains an attractive option for those looking to live away from the hustle and bustle but still have access to important amenities.
Covert has an unemployment rate of 6.6%. The US average is 6.0%.
Covert has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Covert
- The Sales Tax Rate for Covert is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Covert 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 Covert
- The average income of a Covert resident is $18,627 a year. The US average is $37,638 a year.
- The Median household income of a Covert resident is $32,036 a year. The US average is $69,021 a year.