Lyon, MI is a small town located in the Midwest and has been an attractive place to live for its affordability and proximity to major cities. According to recent data, the average rent for a two-bedroom apartment in Lyon is only $810, while the national average for the same apartment size is $1,430. Additionally, the cost of groceries in this area is indexed at 90 versus 100 nationally.
For those looking for employment opportunities in Lyon, there are several local companies available including Lyon Township Fire Department, Lyon Veterinary Clinic & Mobile Pet Services, Lyon Landscaping Solutions Inc., and The Boathouse Bar & Grill. Further information on living conditions in this area can be found from reliable sources including City-Data.com or Niche.com.
Lyon has an unemployment rate of 9.9%. The US average is 6.0%.
Lyon has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Lyon
- The Sales Tax Rate for Lyon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lyon 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 Lyon
- The average income of a Lyon resident is $29,303 a year. The US average is $28,555 a year.
- The Median household income of a Lyon resident is $64,922 a year. The US average is $69,021 a year.