DeWitt, MI is a small city located in Central Michigan. It is known for its affordable housing and living costs. The average two bedroom rent in DeWitt is $1,080 compared to the US rate of $1,430. Additionally, the Grocery Cost Index in DeWitt is 98 versus 100 in the US. This makes it attractive for people looking for cost-effective living. There are many local businesses which contribute to the city's economy including Mid Michigan Plastics Inc., Community National Bank & Trust and Metro Wireless Zone. Popular attractions include Fitzgerald Park and Bailey Museum where visitors can enjoy nature walks or learn about history.
DeWitt has an unemployment rate of 4.3%. The US average is 6.0%.
DeWitt has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for DeWitt
- The Sales Tax Rate for DeWitt is 6.0%. The US average is 7.3%.
- The Income Tax Rate for DeWitt 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 DeWitt
- The average income of a DeWitt resident is $48,354 a year. The US average is $37,638 a year.
- The Median household income of a DeWitt resident is $90,382 a year. The US average is $69,021 a year.