Lynn, MI is a small town in Michigan with a relatively low cost of living. The average 2 bedroom rent in Lynn, MI is $1,000 compared to the national average of $1,430. Additionally, the cost of groceries in Lynn is 93 as compared to 100 on the US grocery index.
Lynn is home to many businesses including Foodland Grocery Store, J & R Automotive and Tire Services, Belle Tire - East Lansing, and Lori's Coffee Bar. Located just two miles away from the triple-A baseball team the Lansing Lugnuts Stadium and downtown Lansing shopping district - Lynn offers a great environment for families and young professionals alike.
Lynn has an unemployment rate of 4.5%. The US average is 6.0%.
Lynn has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Lynn
- The Sales Tax Rate for Lynn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lynn 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 Lynn
- The average income of a Lynn resident is $22,808 a year. The US average is $28,555 a year.
- The Median household income of a Lynn resident is $56,012 a year. The US average is $69,021 a year.