Douglas, MI is a city located in the state of Michigan. It is known for its low rental rates, with two bedroom apartments costing only $1,100 per month on average compared to the US rate of $1,430. Grocery costs are also relatively affordable in Douglas, with an index score of 100 compared to the national index of 100. This means that residents can enjoy economic benefits while still having access to numerous amenities.
The city has an array of well-established businesses including Kmart, Family Fare Supermarkets, and Lake Michigan Credit Union. In addition, there are a host of local specialty stores such as Sani's Bakery & Deli, The Great Frame Up and The Golden Gallery. Residents and visitors alike can take advantage of these services and enjoy all that Douglas has to offer.
Douglas has an unemployment rate of 5.1%. The US average is 6.0%.
Douglas has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Douglas
- The Sales Tax Rate for Douglas is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Douglas 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 Douglas
- The average income of a Douglas resident is $29,268 a year. The US average is $28,555 a year.
- The Median household income of a Douglas resident is $67,627 a year. The US average is $69,021 a year.