Middletown, MI is a great place to live and work. It is an affordable city with a 2 bedroom rent of $840, which is significantly lower than the US average of $1430. The cost of living in Middletown is also lower than the national average, with a Grocery Cost Index score of 92 compared to 100 in the US. \nMiddletown has a vibrant economy with many local businesses that call the area home. Notable companies include ITW Global Automotive, Oerlikon Metco, and Midway Products Group Inc. There are also plenty of attractions to explore such as Michigan's Adventure amusement park, Lakeshore Golf Course and Little River Casino Resort.
Middletown has an unemployment rate of 5.6%. The US average is 6.0%.
Middletown has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Middletown
- The Sales Tax Rate for Middletown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Middletown 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 Middletown
- The average income of a Middletown resident is $25,412 a year. The US average is $37,638 a year.
- The Median household income of a Middletown resident is $40,227 a year. The US average is $69,021 a year.