Jackson, MI Metro Area is a great place to live with its affordable housing and low cost of living. The US average rent for a 2 bedroom apartment is $1,430 whereas in Jackson it is only $990 making it an attractive place for people looking for an affordable home. The Grocery Cost Index in Jackson is 94 compared to 100 in the US, offering residents even more savings when shopping for groceries. The area has several large companies such as Consumers Energy, Auto-Owners Insurance Group, and Meijer which offer many employment opportunities. It also boasts several smaller businesses including local restaurants, boutiques, and galleries that give the area character and charm. Overall, Jackson makes an ideal place for people looking for a balance between affordability and quality of life.
Jackson Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Jackson Metro Area 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Jackson Metro Area
- The Sales Tax Rate for Jackson Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson Metro Area is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jackson Metro Area
- The average income of a Jackson Metro Area resident is $22,879 a year. The US average is $28,555 a year.
- The Median household income of a Jackson Metro Area resident is $57,746 a year. The US average is $69,021 a year.