Lyons, MI is a small town located in the lower peninsula of Michigan. It has a population of just over 1,000 people and is known for its rural charm. The cost of living is quite low with an average two bedroom rent being only $950 compared to the US average of $1,430. One great thing about Lyons is the grocery cost index which stands at 93 - 7 points lower than the index of 100 in the US.
The area offers many amenities for those looking to live in this peaceful town including stores such as Lions Den Store, Lyons Grocery Store, Lighthouse Grocery & Deli, and Hall’s Hardware. In addition there are also local restaurants such as Chris' Pizza and Big Boy Restaurant. There are also outdoor activities such as hiking trails at Grand Woods Park and fishing locations like the Shiawassee River and Silver Lake. All these things make Lyons an ideal place to settle down or visit for some peace and quiet away from the hustle and bustle of city life.
Lyons has an unemployment rate of 4.7%. The US average is 6.0%.
Lyons has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Lyons
- The Sales Tax Rate for Lyons is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lyons 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 Lyons
- The average income of a Lyons resident is $25,884 a year. The US average is $37,638 a year.
- The Median household income of a Lyons resident is $59,728 a year. The US average is $69,021 a year.