Ingallston, MI Economy


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Ingallston, MI is an attractive place to live with a relatively low cost of living compared to the US as a whole. The average two bedroom rent in Ingallston is $820 which is much lower than the national average of $1,430. Additionally, the grocery cost index in Ingallston is 91 compared to 100 in the US. The town also provides a variety of services and amenities that make it an attractive and enjoyable place to live. Local businesses such as Coffee Earth Roastery and Bakery offer fresh coffee and baked goods while shops like Royal Farms provide groceries at affordable prices. Ingallston also has parks for outdoor recreation and nearby restaurants for dining out. With its low cost of living and many amenities, Ingallston is a great place to call home.

Ingallston has an unemployment rate of 4.7%. The US average is 6.0%.

Ingallston has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.

Tax Rates for Ingallston
- The Sales Tax Rate for Ingallston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ingallston 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 Ingallston
- The average income of a Ingallston resident is $30,347 a year. The US average is $28,555 a year.
- The Median household income of a Ingallston resident is $69,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIngallston, MichiganUnited States
  4.76
  -5.4%-6.2%
  14.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,659$37,638
  $69,375$69,021
  $76,250$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  0.9%6.8%
  32.1%10.0%
  6.4%2.5%
  18.8%11.0%
  1.5%4.8%
  1.5%0.8%
  0.0%1.9%
  1.8%4.7%
  0.6%1.9%
  1.2%7.6%
  0.0%0.1%
  3.0%4.2%
  7.9%9.3%
  10.0%14.0%
  1.5%2.1%
  6.4%7.0%
  1.5%4.8%
  1.5%4.7%
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