Daggett, MI is a small town located in Michigan. It offers close proximity to larger cities, including Grand Rapids and Lansing. Furthermore, Daggett residents enjoy the lower cost of living when compared to the rest of the United States. For instance, 2 bedroom rent in Daggett is $820, while the same rent in other parts of the country is $1,430; Grocery Cost Index for this area is 91 versus 100 in America.
The city also boasts several local businesses such as Clemens Nursery & Garden Center and R & B Repair Service, offering everything from gardening supplies to car repair services. With its favorable cost of living and ample business opportunities, Daggett is an ideal place to live or visit for anyone looking for a quiet but vibrant community.
Daggett has an unemployment rate of 4.7%. The US average is 6.0%.
Daggett has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.
Tax Rates for Daggett
- The Sales Tax Rate for Daggett is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Daggett 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 Daggett
- The average income of a Daggett resident is $18,540 a year. The US average is $28,555 a year.
- The Median household income of a Daggett resident is $47,500 a year. The US average is $69,021 a year.