Owendale, MI is an affordable community to live in with 2 bedroom rents averaging $830 compared to the US average of $1,430. It's cost of living is also highly affordable with the grocery cost index being 90 compared to 100 in the US. The city is home to many local businesses such as ‘AAA Auto Repair’ and ‘Jack’s Bakery Café’. Those looking for an economical place to live should consider Owendale, MI for all their housing and grocery needs.
Owendale has an unemployment rate of 5.7%. The US average is 6.0%.
Owendale has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Owendale
- The Sales Tax Rate for Owendale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owendale 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 Owendale
- The average income of a Owendale resident is $15,301 a year. The US average is $28,555 a year.
- The Median household income of a Owendale resident is $52,500 a year. The US average is $69,021 a year.