Gagetown, MI is an enjoyable place to live. With its relatively low two bedroom rent of $750 compared to the US average of $1,430, it is a great value. The grocery cost index in Gagetown is also lower than the national average at 88 compared to 100. In addition to its affordability, Gagetown boasts a variety of great companies like First National Bank and Michigan Supply Co., along with many interesting attractions such as Corrigan Park and the Great Lake Nature Reserve. There are also plenty of amenities ranging from salons to fitness centers. With its many advantages, Gagetown is a great place for people of all ages and backgrounds to live.
Gagetown has an unemployment rate of 6.3%. The US average is 6.0%.
Gagetown has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Gagetown
- The Sales Tax Rate for Gagetown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gagetown 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 Gagetown
- The average income of a Gagetown resident is $15,896 a year. The US average is $28,555 a year.
- The Median household income of a Gagetown resident is $40,625 a year. The US average is $69,021 a year.