Tekonsha, MI is an attractive place to live due to its relatively low cost of living. The average two bedroom rent in Tekonsha is only $990, compared to the US average of $1,430. In addition, the Grocery Cost Index in Tekonsha is 92 versus 100 in the US. The town offers a number of amenities and businesses that bring people together, including some local restaurants like Santa Fe Mexican Grill & Cantina and Dickey's Barbecue Pit. There are also several local stores such as Tekonsha Feed & Supply and Corner Market Pharmacy where residents can find all their everyday essentials.
Tekonsha has an unemployment rate of 6.4%. The US average is 6.0%.
Tekonsha has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Tekonsha
- The Sales Tax Rate for Tekonsha is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tekonsha 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 Tekonsha
- The average income of a Tekonsha resident is $22,973 a year. The US average is $37,638 a year.
- The Median household income of a Tekonsha resident is $44,750 a year. The US average is $69,021 a year.