Wilcox, MI is a great place to live with affordable living costs. The average two-bedroom rent in Wilcox is much lower than the national average, at only $920 compared to $1,430 in the US. Groceries are also much more cost-effective in Wilcox, where the Grocery Cost Index stands at 90 versus 100 in the US. Local companies and amenities include Wilcox Auto Parts, Rianna's Café & Grill and the Wilcox Park District, which features recreational activities such as swimming pools and baseball fields for all ages. Nearby popular tourist attractions include Cataract Falls State Park and Wabash River Water Trail. With its low living costs and plenty of things to do in the area, Wilcox is an ideal place to call home.
Wilcox has an unemployment rate of 6.0%. The US average is 6.0%.
Wilcox has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Wilcox
- The Sales Tax Rate for Wilcox is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilcox 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 Wilcox
- The average income of a Wilcox resident is $19,660 a year. The US average is $28,555 a year.
- The Median household income of a Wilcox resident is $52,222 a year. The US average is $69,021 a year.