New Haven, MI is a small town near the coast of Lake Michigan. This quaint town offers a unique blend of urban amenities and rural charm. It's home to several local companies such as New Haven Manufacturing, Mi-Farm Equipment, and Westown Bank. With access to both recreation and culture, New Haven is perfect for those looking for an affordable lifestyle. The average 2 bedroom rent in the area is $1,310 whereas the national average is $1,430. The grocery cost index in New Haven is 96 compared to 100 in the US. All these features make it an ideal place for families seeking an affordable cost of living without sacrificing quality of life or convenience.
New Haven has an unemployment rate of 4.3%. The US average is 6.0%.
New Haven has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for New Haven
- The Sales Tax Rate for New Haven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Haven 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 New Haven
- The average income of a New Haven resident is $19,334 a year. The US average is $28,555 a year.
- The Median household income of a New Haven resident is $59,107 a year. The US average is $69,021 a year.