Millen, MI is a small town located in south-east Michigan. It offers an affordable and comfortable lifestyle with a cost of living that is much lower than what one would find in many other areas of the United States. The average two bedroom rent in Millen is only $800 compared to the US average of $1,430, and the Grocery Cost Index is 90 as opposed to 100 nationally. As such, Millen is an ideal location for those looking to save money without having to sacrifice quality amenities. Some local companies in Millen include Bakery Associates, Inc., Flyway Logistics LLC., and Stroud Technologies. All three offer great employment opportunities for people who want to live in the area while still enjoying its low cost of living.
Millen has an unemployment rate of 7.4%. The US average is 6.0%.
Millen has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Millen
- The Sales Tax Rate for Millen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millen 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 Millen
- The average income of a Millen resident is $25,452 a year. The US average is $37,638 a year.
- The Median household income of a Millen resident is $41,000 a year. The US average is $69,021 a year.