Speaker, MI is a small town located in Michigan with a great quality of life. It is known for its friendly people, affordable housing and unique local businesses. The average rent for a two-bedroom apartment in Speaker, MI is $860 compared to the national average of $1,430. Furthermore, the grocery cost index in Speaker, MI is 92 while it is 100 in the US. This makes it a great place to live as it has lower expenses than other places. Some of the local companies that make Speaker so special are Wacoal Corp., K2 Motorsports, and Enchanted Design Solutions. Residents of Speaker enjoy an incredible quality of life and can do so at lower prices than they would find elsewhere in the US.
Speaker has an unemployment rate of 6.4%. The US average is 6.0%.
Speaker has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Speaker
- The Sales Tax Rate for Speaker is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Speaker 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 Speaker
- The average income of a Speaker resident is $20,696 a year. The US average is $28,555 a year.
- The Median household income of a Speaker resident is $51,806 a year. The US average is $69,021 a year.