Kearney, MI is a small town located in the lower peninsula of Michigan. With a population of about 4,000 people, Kearney is an ideal location for anyone looking to live in a quiet and laid-back community. The rental cost for two-bedroom apartments is $830/month, which is significantly lower than the national average of $1,430/month. In addition, the Grocery Cost Index (GCI)in Kearney is 94 versus 100 in the US, making it one of the most affordable places to live in Michigan. Some of the local companies that make up this town are; Walgreens Pharmacy, Burger King, Meijer Grocery Store, Speedway gas station and many more. Kearney also has a number of recreational parks and trails that are great for biking and hiking activities.
Kearney has an unemployment rate of 7.8%. The US average is 6.0%.
Kearney has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Kearney
- The Sales Tax Rate for Kearney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kearney 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 Kearney
- The average income of a Kearney resident is $27,950 a year. The US average is $28,555 a year.
- The Median household income of a Kearney resident is $55,694 a year. The US average is $69,021 a year.