Quincy, MI is an attractive city for those looking for affordable housing. The average two bedroom rent in Quincy is $840 per month, which is much lower than the US average of $1,430. This makes it an appealing choice when considering a home purchase or rental. The grocery cost index in Quincy is 92 compared to 100 in the US making groceries more affordable too. Local businesses such as Quincy Tire & Auto Care and Quincy Veterinary Center are popular spots in the city providing quality services at reasonable prices. All this combined with a low unemployment rate of 4%, make Quincy an excellent place to live with a low cost of living.
Quincy has an unemployment rate of 5.0%. The US average is 6.0%.
Quincy has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Quincy
- The Sales Tax Rate for Quincy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Quincy 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 Quincy
- The average income of a Quincy resident is $16,587 a year. The US average is $28,555 a year.
- The Median household income of a Quincy resident is $44,387 a year. The US average is $69,021 a year.