The Lansing-East Lansing, MI Metro Area is a great place to live for many reasons. It is a reasonably priced area with an average 2 bedroom rent of $1,040 compared to the US average of $1,430. Additionally, groceries are cheaper in this area than they are on average in the US with an index score of 94 versus 100 respectively. The metro area also offers plenty of job opportunities with major employers such as Jackson National Life Insurance Company, Michigan State University and Sparrow Health System located there. With its reasonable prices and plentiful job opportunities, the Lansing-East Lansing, MI Metro Area is a great place to call home.
Lansing-East Lansing Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
Lansing-East Lansing Metro Area has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Lansing-East Lansing Metro Area
- The Sales Tax Rate for Lansing-East Lansing Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lansing-East Lansing 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 Lansing-East Lansing Metro Area
- The average income of a Lansing-East Lansing Metro Area resident is $34,337 a year. The US average is $37,638 a year.
- The Median household income of a Lansing-East Lansing Metro Area resident is $63,591 a year. The US average is $69,021 a year.