Metamora, Michigan is a small city located in Lapeer County. It's known for its local businesses and farms such as Metamora Flour Mill, Metamora State Bank, and The General Store of Metamora. Although the average 2 bedroom rent is $1,080 per month in Metamora, the US national average is higher at $1,430 per month. Additionally, the grocery cost index in Metamora is 99 compared to 100 in the US. This indicates that food prices are slightly lower in Metamora than on average elsewhere in the US. In conclusion, living in Metamora offers residents a low cost of living with easy access to locally owned businesses and fresh farm goods.
Metamora has an unemployment rate of 4.9%. The US average is 6.0%.
Metamora has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Metamora
- The Sales Tax Rate for Metamora is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Metamora 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 Metamora
- The average income of a Metamora resident is $31,665 a year. The US average is $37,638 a year.
- The Median household income of a Metamora resident is $73,393 a year. The US average is $69,021 a year.