Larkin Charter Township, MI is a great place to live for those looking for an affordable home and low cost of living. The average two-bedroom rent in this community is $1,040, substantially lower than the US average of $1,430. Additionally, the Grocery Cost Index is 93 versus 100 in the US. This means groceries are even more reasonably priced than they are elsewhere in the country. Those who live here have access to a number of local companies providing great services including Larkin Electric, Larkin Mobile Home Service, and Larkin Automotive Repair. All in all, with its affordable housing and low cost of living, it's no wonder so many people call Larkin Charter Township, MI their home.
Larkin charter has an unemployment rate of 5.2%. The US average is 6.0%.
Larkin charter has seen the job market decrease by -5.1% 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 Larkin charter
- The Sales Tax Rate for Larkin charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Larkin charter 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 Larkin charter
- The average income of a Larkin charter resident is $60,301 a year. The US average is $37,638 a year.
- The Median household income of a Larkin charter resident is $114,450 a year. The US average is $69,021 a year.