Nessen City, MI is an attractive city with a wide variety of amenities and attractions to offer. It's home to a number of businesses ranging from major corporations such as GM and DTE Energy to local favorites like Papa Joe's Pizza. The cost of living in Nessen City is generally lower than many other cities across the U.S., primarily due to its lower rent prices. The average 2-bedroom rent for Nessen City is $1,010 per month compared to a national average of $1,430 - that's a savings of $420! Additionally, groceries here tend to be more affordable with a grocery cost index score of 91 compared the US average of 100. This makes Nessen City an excellent choice for those looking for an affordable place to call home.
Nessen City has an unemployment rate of 6.9%. The US average is 6.0%.
Nessen City has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Nessen City
- The Sales Tax Rate for Nessen City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nessen City 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 Nessen City
- The average income of a Nessen City resident is $19,031 a year. The US average is $37,638 a year.
- The Median household income of a Nessen City resident is $36,563 a year. The US average is $69,021 a year.