Felch, MI is a small city located in Michigan. It is known for its affordability, with 2 bedroom rent costing $830 compared to the US average of $1,430. The cost of living in Felch is also attractive: the Grocery Cost Index in Felch is 91 compared to 100 in the US. This makes it an ideal place for those looking for an affordable lifestyle without sacrificing quality of life. Felch has many local businesses such as Felch Auto Parts, Family Pharmacy and True Value Hardware Store that offer services at reasonable prices. Overall, Felch offers a low cost of living while also providing a wide range of services and amenities that make it an attractive place to live.
Felch has an unemployment rate of 5.2%. The US average is 6.0%.
Felch has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Felch
- The Sales Tax Rate for Felch is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Felch 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 Felch
- The average income of a Felch resident is $25,939 a year. The US average is $28,555 a year.
- The Median household income of a Felch resident is $79,375 a year. The US average is $69,021 a year.