Temperance, MI is a small town located in southeastern Michigan. It has a population of around 8,000 people and is known for its low cost of living. Rent for two bedroom apartments averages at about $1,100 per month, which is over $300 cheaper than the national average. Groceries also tend to be more affordable in Temperance with a grocery cost index of 95 versus 100 nationally.
The town of Temperance is full of local businesses and attractions. The community is home to several restaurants such as Corks & Klankers Down Under Bar & Grill and the historic family-owned restaurant, Chef T's Tasty Eats. There are also plenty of outdoor activities to enjoy like skating at the Rollerplex Skate Center or checking out local parks like Charles F Stump Memorial Park.
Temperance has an unemployment rate of 5.6%. The US average is 6.0%.
Temperance has seen the job market decrease by -7.1% 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 Temperance
- The Sales Tax Rate for Temperance is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Temperance 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 Temperance
- The average income of a Temperance resident is $37,335 a year. The US average is $37,638 a year.
- The Median household income of a Temperance resident is $69,300 a year. The US average is $69,021 a year.