Maple Rapids, MI is a town with many great features. It has a low cost of living, with two bedroom rent at $870 compared to the US average of $1,430. This makes it an attractive option for those seeking affordable housing options. In addition, groceries in Maple Rapids are 8% less expensive than the US national average.
The Town of Maple Rapids also boasts several local businesses that have helped to make it an attractive place to live and work. Some notable local companies include Hot Spot Cafe & Grill, J&J Auto Repair, River Valley Realty and Alexander Fitness Center. These locally owned businesses provide valuable services and goods to residents and visitors alike making Maple Rapids an interesting place to visit or call home.
Maple Rapids has an unemployment rate of 4.3%. The US average is 6.0%.
Maple Rapids has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Maple Rapids
- The Sales Tax Rate for Maple Rapids is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Maple Rapids 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 Maple Rapids
- The average income of a Maple Rapids resident is $20,690 a year. The US average is $28,555 a year.
- The Median household income of a Maple Rapids resident is $42,250 a year. The US average is $69,021 a year.