\nHersey, MI is a small town located in Michigan with a population that is not included in this content. The rent for two bedroom apartments is $850 which is much lower than the US rent average of $1,430. This makes it a great option for people who are looking to live in an affordable community with all the necessary amenities. In addition to reasonable rent prices, Hersey also has a low grocery cost index of 90 compared to the national average of 100. In terms of job opportunities, Hersey is home to several well-known companies such as Bentley Manufacturing Company and Compuserve Graphics Inc. Overall, Hersey is known for its relatively low cost of living and thriving local business scene.
Hersey has an unemployment rate of 5.8%. The US average is 6.0%.
Hersey has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Hersey
- The Sales Tax Rate for Hersey is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hersey 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 Hersey
- The average income of a Hersey resident is $22,036 a year. The US average is $37,638 a year.
- The Median household income of a Hersey resident is $50,833 a year. The US average is $69,021 a year.