McBain, MI is a great place to live. With a 2 bedroom rent costing only $930, it is significantly lower than the US average of $1,430. In addition, the grocery cost index in McBain is 92 which is lower than the US average of 100. There are several local businesses that make McBain a great place to live. Businesses such as The McBain Bakery and The All Around Store offer great products and services for locals at competitive prices. Living in McBain also offers lower costs for everyday items due to its proximity to larger cities with better buying power. Altogether, these factors make McBain an attractive destination for those looking for a comfortable and budget-friendly place to live.
McBain has an unemployment rate of 6.2%. The US average is 6.0%.
McBain has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for McBain
- The Sales Tax Rate for McBain is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McBain 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 McBain
- The average income of a McBain resident is $17,960 a year. The US average is $28,555 a year.
- The Median household income of a McBain resident is $39,722 a year. The US average is $69,021 a year.