Gilford, MI is a small town in Michigan with an affordable cost of living. It has an appealing 2 bedroom rent of $800 compared to the US average of $1,430. The Grocery Cost Index in Gilford, MI is 90 versus 100 in the US, making it a great place for those looking to save money while still enjoying the amenities of a cozy town. Local businesses include Gilford Hardware, Gilford Auto Parts, and Gilford Bakery. All three of these businesses are popular amongst locals for offering quality services at competitive prices.
Gilford has an unemployment rate of 6.3%. The US average is 6.0%.
Gilford 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 Gilford
- The Sales Tax Rate for Gilford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gilford 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 Gilford
- The average income of a Gilford resident is $19,542 a year. The US average is $28,555 a year.
- The Median household income of a Gilford resident is $44,038 a year. The US average is $69,021 a year.