Wilber, MI Economy


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United States / Michigan / No Metro Area / Iosco County / Wilber / Zip Codes
Wilber, MI is a small town located in Monroe County with a population of just over 1,000 people. The 2 Bedroom rent in Wilber is much more affordable than the US average at $830 versus $1,430. In addition to the lower rent costs, groceries also cost less in Wilber with a grocery cost index of 90 compared to 100 the US. Companies like Wilbur Real Estate and Monroe Rentals offer affordable housing for locals and newcomers alike. Living costs are noticeably lower in Wilber than other areas due to its rural location and smaller population size. Groceries alone can save you up to 10% of your budget compared to what they would cost elsewhere. Although many amenities available in bigger cities may not be present here, living a simpler lifestyle comes with its own rewards of affordability and peace of mind.

Wilber has an unemployment rate of 7.5%. The US average is 6.0%.

Wilber has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Wilber
- The Sales Tax Rate for Wilber is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilber 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 Wilber
- The average income of a Wilber resident is $36,524 a year. The US average is $37,638 a year.
- The Median household income of a Wilber resident is $52,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilber, MichiganUnited States
  7.56
  -5.3%-6.2%
  23.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,524$37,638
  $52,188$69,021
  $59,792$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  15.4%6.8%
  23.9%10.0%
  0.0%2.5%
  11.4%11.0%
  2.9%4.8%
  1.1%0.8%
  0.7%1.9%
  2.5%4.7%
  0.7%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  4.3%9.3%
  18.2%14.0%
  0.7%2.1%
  4.6%7.0%
  8.2%4.8%
  2.9%4.7%
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