Leighton, MI is a small town with a population of around 2,000 people located in the Greater Lansing area. It is a great place to live due to its low cost of living, especially when it comes to rent for two-bedroom apartments. The average rent for a two bedroom apartment in Leighton is only $1,280 compared to the US average of $1,430. Grocery costs are also lower in Leighton than the US average, with a local grocery cost index of 97 compared to 100 nationally.
The local economy consists mainly of retail stores, including Walmart Supercenter and Big Lots. There are also some independent small businesses such as The Corner Market and M & G Grocery. Residents have plenty of recreational activities available near Leighton such as fishing at Sleepy Hollow Lake or visiting the nearby Michigan State Capitol building in East Lansing. All in all, Leighton is an affordable and safe place to live that offers plenty of activities for residents to enjoy.
Leighton has an unemployment rate of 5.1%. The US average is 6.0%.
Leighton has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Leighton
- The Sales Tax Rate for Leighton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leighton 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 Leighton
- The average income of a Leighton resident is $25,700 a year. The US average is $28,555 a year.
- The Median household income of a Leighton resident is $78,731 a year. The US average is $69,021 a year.