\nRubicon, MI is a small town located in Michigan. Its population has not been revealed, but it is known to be fairly small. The average rent for a two-bedroom apartment in Rubicon is $810, which is significantly cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Rubicon is 90 compared to 100 in the United States; this means that groceries are more affordable than they would be elsewhere.
Rubicon has several local businesses contributing to its economy such as D&D Farm Supply, Stiles Family Supermarket and Rubicon Veterinary Clinic. The cost of living in Rubicon is much lower than the US average due to its low rental costs and grocery costs index. This makes it an attractive location for people looking to save money while still having access to some amenities.
Rubicon has an unemployment rate of 5.7%. The US average is 6.0%.
Rubicon 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 Rubicon
- The Sales Tax Rate for Rubicon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rubicon 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 Rubicon
- The average income of a Rubicon resident is $23,155 a year. The US average is $28,555 a year.
- The Median household income of a Rubicon resident is $59,531 a year. The US average is $69,021 a year.