Van Buren, MI County is an attractive location for those looking for an affordable place to live. The average two bedroom rental cost in Van Buren is $860 which is significantly lower than the US average of $1,430. This makes it a great option for those needing somewhere more affordable. Additionally, the grocery cost index in Van Buren is 93 compared to 100 in the US, making groceries even more affordable. This makes Van Buren a great option for those looking to stretch their budget further. Some local companies in the area include Walgreens, Menards, and Meijer as well as many other smaller shops. According to Zillow, median home value in Van Buren is 34% lower than the Michigan median home value and 11% lower than the US median home value making it an affordable option for prospective home buyers as well.
Van Buren County has an unemployment rate of 6.6%. The US average is 6.0%.
Van Buren County has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Van Buren County
- The Sales Tax Rate for Van Buren County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Van Buren County 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 Van Buren County
- The average income of a Van Buren County resident is $22,034 a year. The US average is $28,555 a year.
- The Median household income of a Van Buren County resident is $61,549 a year. The US average is $69,021 a year.