Gaylord, MI is a great place to live with many benefits. Not only does it offer affordable two bedroom rent at $780 compared to the US average of $1,430, but it also has lower grocery cost index at 92 versus the US average of 100. This makes Gaylord financially attractive for those looking for more affordability. Additionally, Gaylord is home to many local companies such as Kirtland Community College and Michigan Works! Southern Lakes Branch that provide numerous job opportunities for local residents. With a variety of recreational activities ranging from skiing in the winter to swimming at Otsego Lake in the summer and several restaurants serving various cuisines, there is something for everyone in this charming town. Whether you are looking for an affordable cost of living or a vibrant lifestyle, Gaylord has it all.
Gaylord has an unemployment rate of 6.9%. The US average is 6.0%.
Gaylord has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Gaylord
- The Sales Tax Rate for Gaylord is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gaylord 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 Gaylord
- The average income of a Gaylord resident is $25,080 a year. The US average is $37,638 a year.
- The Median household income of a Gaylord resident is $33,952 a year. The US average is $69,021 a year.