Goodrich, MI is a small town in Genesee County with a population of approximately 3,500 people. Despite its size, Goodrich offers many amenities for its residents. Local companies such as Landmark Realty Group, B&B Farms and Goodrich Hardware offer services which range from real estate to farming to home improvement. The cost of living is also fairly low with 2 Bedroom rent at $1,390 and the Grocery Cost Index at 98 versus 100 in the US. Residents of Goodrich have access to numerous outdoor recreational activities such as hiking trails, fishing spots and sprawling parks. Shopping centers such as Great Lakes Crossing Mall are just a short drive away from the town as well. Ultimately, Goodrich is an excellent place to live offering its residents access to various services and recreational activities while maintaining an affordable cost of living.
Goodrich has an unemployment rate of 7.1%. The US average is 6.0%.
Goodrich has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Goodrich
- The Sales Tax Rate for Goodrich is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goodrich 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 Goodrich
- The average income of a Goodrich resident is $40,969 a year. The US average is $37,638 a year.
- The Median household income of a Goodrich resident is $90,750 a year. The US average is $69,021 a year.