Cadillac, MI Metro Area has a lot to offer in terms of affordability. The 2 bedroom rent in the area is $860, which is much lower than the US average of $1,430. Grocery costs are also more affordable with an index of 91 compared to 100 in the US. This makes Cadillac a great choice for those looking for an affordable lifestyle. There are many local businesses in the area including several restaurants such as Blue Cow Café, Stambaugh’s Family Restaurant, and J&J Café; grocery stores like Meijer and Walmart; banks such as Chemical Bank and Fifth Third Bank; and other retail outlets like Target and Home Depot.
Cadillac Metro Area has an unemployment rate of 6.2%. The US average is 6.0%.
Cadillac Metro Area has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Cadillac Metro Area
- The Sales Tax Rate for Cadillac Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cadillac Metro Area 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 Cadillac Metro Area
- The average income of a Cadillac Metro Area resident is $27,179 a year. The US average is $37,638 a year.
- The Median household income of a Cadillac Metro Area resident is $53,103 a year. The US average is $69,021 a year.