Rollin, MI is an affordable place to live, with a two-bedroom apartment rent costing $950 compared to the US average of $1,430. Those living in Rollin also benefit from low grocery costs, with a Grocery Cost Index of 96 compared to 100 in the US. The city has numerous companies in different industries that make up its economy. These include Sullivan Cattle Company, a cattle ranch that offers fresh beef for sale and allows visitors to take part in activities like horseback riding and farm tours; Warburton Heating & Cooling Inc., which provides HVAC installation services; and Morris Pharmacy, which supplies medication for those living in the area. In addition to these businesses, Rollin also benefits from its proximity to nearby cities like Kalamazoo which offer a variety of other job opportunities. All these factors contribute to making Rollin an excellent place for people looking for an economical life with plenty of amenities close by.
Rollin has an unemployment rate of 5.5%. The US average is 6.0%.
Rollin has seen the job market increase by 0.8% 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 Rollin
- The Sales Tax Rate for Rollin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rollin 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 Rollin
- The average income of a Rollin resident is $24,655 a year. The US average is $28,555 a year.
- The Median household income of a Rollin resident is $66,786 a year. The US average is $69,021 a year.