Millbrook, MI is an attractive city in which to live due to the affordable cost of living. The 2 bedroom rent in Millbrook is only $800, which is far cheaper than the US average of $1,430. The Grocery Cost Index in Millbrook is 92 versus 100 in the US, indicating that it is more affordable than neighboring areas. Millbrook also hosts a number of local businesses such as Hilltop Hardware & Rental Center, Millbrook Family Dental Care, and Robinson & Taylor Insurance Agency Ltd. These well-established businesses have been serving the Millbrook community for years and are dedicated to providing quality services at reasonable prices. All in all, Millbrook proves to be an ideal place for individuals looking for a city with low costs of living and a friendly business environment.
Millbrook has an unemployment rate of 7.0%. The US average is 6.0%.
Millbrook has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Millbrook
- The Sales Tax Rate for Millbrook is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millbrook 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 Millbrook
- The average income of a Millbrook resident is $23,410 a year. The US average is $37,638 a year.
- The Median household income of a Millbrook resident is $54,286 a year. The US average is $69,021 a year.