Victor, MI is a small town located in Jackson County. It has a population of roughly 1,000 people and is known for its friendly atmosphere and community spirit. The cost of rent for a 2 bedroom apartment in Victor is $900 on average compared to the national average of $1,430 - making it an affordable place to live. Additionally, the Grocery Cost Index in Victor is 95 compared to the US index of 100 - meaning groceries are slightly cheaper than they would be on average in other areas.
Victor boasts several local businesses including 'The Flower Patch', an independent florist that offers flower arrangements for any occasion, 'Nom Nom Bakery' which serves homemade pastries and cakes, as well as 'Papa Don't Surf' surf shop with all your needs for getting out onto the water. Schools in Victor consist of Elementary School and Junior High School both part of the Northwest School District.
Victor has an unemployment rate of 4.3%. The US average is 6.0%.
Victor has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Victor
- The Sales Tax Rate for Victor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Victor 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 Victor
- The average income of a Victor resident is $29,576 a year. The US average is $28,555 a year.
- The Median household income of a Victor resident is $91,094 a year. The US average is $69,021 a year.