Lamotte, MI is a small town located in the US state of Michigan. It has a variety of local businesses such as shops, restaurants, and other amenities. The cost of living in Lamotte is relatively affordable compared to the US average. Rent for a two-bedroom apartment is around $870, compared to the national average of around $1,430. Additionally, the Grocery Cost Index in Lamotte is 92 out of 100 when compared to the national average. This makes it easier for locals to find affordable food options close to home. All in all, Lamotte provides a peaceful environment with affordable living that many people can benefit from.
Lamotte has an unemployment rate of 6.4%. The US average is 6.0%.
Lamotte has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Lamotte
- The Sales Tax Rate for Lamotte is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lamotte 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 Lamotte
- The average income of a Lamotte resident is $25,233 a year. The US average is $37,638 a year.
- The Median household income of a Lamotte resident is $54,301 a year. The US average is $69,021 a year.