Greendale, MI is a small town that offers affordable housing and low cost of living. The average rent for a two bedroom apartment in Greendale is $860 per month, much lower than the national average which is $1,430. The Grocery Cost Index in Greendale is 92 compared to the US average of 100, indicating groceries are cheaper in this area than other locations. Local companies that offer significant employment opportunities in the area are ATI Cast Products, T&C Foundry Company and Greendale Family Dental Center. With such low rental rates and lower costs for basic items like groceries, it makes this an attractive option for people looking to settle down or find a place with a lower cost of living.
Greendale has an unemployment rate of 5.2%. The US average is 6.0%.
Greendale has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Greendale
- The Sales Tax Rate for Greendale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greendale 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 Greendale
- The average income of a Greendale resident is $21,575 a year. The US average is $28,555 a year.
- The Median household income of a Greendale resident is $50,875 a year. The US average is $69,021 a year.