Eastwood, MI is a cozy town located in the Midwest of the United States. The cost of renting a two-bedroom apartment is significantly lower than the national average, at just $1,060 per month. Furthermore, the Grocery Cost Index in Eastwood is 93 compared to 100 in the US.
The town offers plenty of activities to explore and enjoy. It is home to several local companies such as Stewart's Home Furnishings and Design Studio, Bluestem Farm Market and Deli, and Eastwood Collision Repair Center. Popular landmarks include Collinsburg Road Park, Devereaux Park and Nature Center, and Downtown Eastwood Historic District walking tour which celebrates the heritage of Eastwood. There are also numerous attractions such as golf courses, trails for hiking and biking, shopping centers and restaurants to explore.
Eastwood has an unemployment rate of 5.1%. The US average is 6.0%.
Eastwood has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Eastwood
- The Sales Tax Rate for Eastwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eastwood 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 Eastwood
- The average income of a Eastwood resident is $16,328 a year. The US average is $28,555 a year.
- The Median household income of a Eastwood resident is $53,379 a year. The US average is $69,021 a year.