Deerfield, MI is a small town located in Michigan's Upper Peninsula and has a variety of local businesses, amenities and attractions for those looking to call the city home. Many of the local businesses that can be found in Deerfield are specialty stores such as pharmacies, bookstores and clothing stores. There are also plenty of local restaurants and cafes serving up delicious meals. For those looking for affordable housing in Deerfield, the two bedroom rent is $950 - significantly lower than the US average of $1,430 for two bedrooms. Additionally, the grocery cost index in Deerfield is 93 versus 100 in the US which helps keep costs low for residents. Those living in Deerfield also have access to parks with fishing spots, hiking trails and playgrounds as well as a golf course where they can enjoy outdoor recreation year round.
Deerfield has an unemployment rate of 5.5%. The US average is 6.0%.
Deerfield has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Deerfield
- The Sales Tax Rate for Deerfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Deerfield 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 Deerfield
- The average income of a Deerfield resident is $32,934 a year. The US average is $37,638 a year.
- The Median household income of a Deerfield resident is $69,375 a year. The US average is $69,021 a year.