Vevay, MI is a small town with a population of just over 400 people located in Cass County. It has a relatively low cost of living compared to the US as a whole and is known for its outdoor activities and pristine environment. The average rent price for a 2 bedroom apartment in Vevay is $1,170 while the US average is $1,430. Grocery costs are also lower with an index of 95 versus 100 in the US.
The majority of businesses in Vevay are family-owned and include restaurants like \"The Country Inn\", stores such as \"Miller's Hardware and Appliances\", and community organizations like \"Vevay Lions Club\". The local community is incredibly close-knit and friendly; people often gather at places like the Vevay Park or Vevay Community Center to enjoy each other's company after work or school. Regardless of income level, everyone feels welcome here and can make use of the low cost of living while still enjoying all that this town has to offer.
Vevay has an unemployment rate of 5.2%. The US average is 6.0%.
Vevay has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Vevay
- The Sales Tax Rate for Vevay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vevay 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 Vevay
- The average income of a Vevay resident is $32,842 a year. The US average is $28,555 a year.
- The Median household income of a Vevay resident is $93,571 a year. The US average is $69,021 a year.