Ganges, MI is a small city located in Michigan with a vibrant local economy. Local companies in Ganges include B&C Farms, Wright Funeral Home, and Cooper's Auto Repair. Two-bedroom rental costs are much lower in Ganges than they are across the United States, with an average price of $950 compared to $1,430 nationwide. The grocery cost index for Ganges is also significantly lower than that of the US as a whole, falling at 96 versus 100 on the index. This gives residents of Ganges more buying power when it comes to groceries.
Ganges has an unemployment rate of 5.1%. The US average is 6.0%.
Ganges has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Ganges
- The Sales Tax Rate for Ganges is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ganges 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 Ganges
- The average income of a Ganges resident is $28,363 a year. The US average is $28,555 a year.
- The Median household income of a Ganges resident is $68,295 a year. The US average is $69,021 a year.