London, MI is an ideal town for those who are looking for affordability and convenience. It has a population of around 10,000 and offers plenty of amenities for its residents. The 2 bedroom rent is significantly lower than the US average, sitting at $1,160 vs $1,430. Additionally, London's grocery cost index is 95 compared to the US average of 100 - meaning groceries are cheaper here as well.
The town boasts several local businesses such as Oseba Nature Park where visitors can explore the wooded areas and trails while viewing wildlife. The park also has picnic areas and campgrounds available. London also offers dining experiences from upscale restaurants like Little Caesars Pizza to family-style eateries like Granucci’s Italian Restaurant. There are also shopping malls such as Eastland Center Mall which provides locals with plenty of options when it comes to retail and entertainment.
Overall, London is a great place to live whether you’re looking for affordability or convenience - or both! It’s an up-and-coming city that has all the amenities you need, with a low cost of living that makes it attractive to professionals and families alike.
London has an unemployment rate of 5.6%. The US average is 6.0%.
London 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 25.6%, which is lower than the US average of 33.5%.
Tax Rates for London
- The Sales Tax Rate for London is 6.0%. The US average is 7.3%.
- The Income Tax Rate for London 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 London
- The average income of a London resident is $24,916 a year. The US average is $28,555 a year.
- The Median household income of a London resident is $68,548 a year. The US average is $69,021 a year.