Edmore, MI is a small town located in Michigan State with a population of approximately 1,267. It has an affordable cost of living compared to the US average, with 2 bedroom rent at $860 compared to the US average of $1,430. Grocery costs are also lower in Edmore than the national index, coming in at 91 compared to the US index of 100. Edmore is home to many local businesses, such as Little Caesars Pizza and Hertz Ford Lincoln Mercury Inc., which offer essential services to locals. Despite its small size, Edmore has all the amenities that residents need for comfortable living.
Edmore has an unemployment rate of 5.8%. The US average is 6.0%.
Edmore has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Edmore
- The Sales Tax Rate for Edmore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edmore 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 Edmore
- The average income of a Edmore resident is $14,085 a year. The US average is $28,555 a year.
- The Median household income of a Edmore resident is $43,438 a year. The US average is $69,021 a year.