Higgins, MI Economy


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United States / Michigan / No Metro Area / Roscommon County / Higgins / Zip Codes
Higgins, MI is a small town located in central Michigan. It's population size is unknown, but its charming atmosphere attracts many people looking for a quiet place to live. The rent for a 2 bedroom apartment in Higgins is much lower than the US average at $810, making it an ideal location for those on a budget. The grocery cost index in Higgins is 90 versus 100 in the US, reflecting the overall low cost of living. Local companies include Higgins Orchard & Farm Market which sells fresh produce and other goods year round and McReynolds Nave & Larson Funeral Homes which provides compassionate services to families during difficult times. Overall, Higgins offers an affordable yet cozy place to call home.

Higgins has an unemployment rate of 9.9%. The US average is 6.0%.

Higgins has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Higgins
- The Sales Tax Rate for Higgins is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Higgins 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 Higgins
- The average income of a Higgins resident is $18,146 a year. The US average is $28,555 a year.
- The Median household income of a Higgins resident is $52,230 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHiggins, MichiganUnited States
  9.96
  -4.4%-6.2%
  24.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,786$37,638
  $52,230$69,021
  $64,602$85,028
  Population by Occupation
  0.3%1.2%
  0.4%0.5%
  5.1%6.8%
  13.3%10.0%
  0.0%2.5%
  11.2%11.0%
  8.1%4.8%
  0.0%0.8%
  1.0%1.9%
  1.4%4.7%
  1.3%1.9%
  2.7%7.6%
  0.0%0.1%
  0.0%4.2%
  6.8%9.3%
  13.4%14.0%
  0.0%2.1%
  10.6%7.0%
  6.3%4.8%
  18.1%4.7%
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