Fork, MI is a small town located in Mid-Michigan. The housing costs for two bedroom apartments are significantly lower than the national average at $850 per month. Additionally, the grocery cost index in Fork, MI is 90 while there is an average of 100 nationwide. This makes Fork a great place for those looking to save money on living expenses. Companies that contribute to the economy of Fork, MI include local businesses such as Wilcox Family Farms, Bickleighs Country Store & Cafe, and Thag's Pizza Bar-Grill & Pub. These companies make it possible for residents to purchase food and other items locally instead of traveling out of town. All of these businesses contribute to the local economy by providing jobs and revenue for the town.
Fork has an unemployment rate of 7.0%. The US average is 6.0%.
Fork has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Fork
- The Sales Tax Rate for Fork is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fork 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 Fork
- The average income of a Fork resident is $18,547 a year. The US average is $28,555 a year.
- The Median household income of a Fork resident is $40,257 a year. The US average is $69,021 a year.