Ingersoll, MI is a small town located in Isabella County with a population of less than 1500 people. It has seen steady growth in the past few years due to its affordability and convenience to surrounding areas. The rent for a two-bedroom house or apartment in Ingersoll is significantly lower than the US average at just $980 per month compared to the US average of $1430. Additionally, grocery costs are also much lower with an index of 93 compared to 100 in the US.
In Ingersoll, there are many small businesses such as G & R Auto & Marine Service, Mckinneys Automotive Repair, and Babbitts Sports Center which offers a variety of services for outdoor enthusiasts. There are also several local attractions such as the Soaring Eagle Waterpark & Hotel which features water slides and rides as well as an indoor wave pool and lazy river. Additionally, there is the nearby Chippewa Nature Center where visitors can enjoy more than 8 miles of trails for hiking and biking or take part in educational programs on local flora and fauna.
Ingersoll has an unemployment rate of 5.2%. The US average is 6.0%.
Ingersoll 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 Ingersoll
- The Sales Tax Rate for Ingersoll is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ingersoll 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 Ingersoll
- The average income of a Ingersoll resident is $27,700 a year. The US average is $28,555 a year.
- The Median household income of a Ingersoll resident is $81,111 a year. The US average is $69,021 a year.