Gladwin, MI is a small city located in the Midwestern part of the US. It offers an affordable lifestyle with rent for two bedrooms costing $910, which is much lower than the national average of $1,430. The Grocery Cost Index in Gladwin is also relatively low when compared to the US index at 91 versus 100. Popular local companies include Gladwin County Abstract & Title Co., ProBuild and Nemschoff Designs Inc. Additionally, there are many small businesses such as restaurants, shops, and services that make up the economy of Gladwin.
Gladwin has an unemployment rate of 7.5%. The US average is 6.0%.
Gladwin has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Gladwin
- The Sales Tax Rate for Gladwin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gladwin 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 Gladwin
- The average income of a Gladwin resident is $23,145 a year. The US average is $37,638 a year.
- The Median household income of a Gladwin resident is $36,215 a year. The US average is $69,021 a year.