Midland, MI Metro Area is an affordable location for those looking to rent. With the 2 bedroom rent in Midland, MI Metro Area being $980 compared to $1,430 in the US, it is a great deal for renters. Furthermore, groceries are even more affordable with the Grocery Cost Index in Midland at 92 compared to 100. Companies people can find in this area include Dow Corning Corporation, The Dow Chemical Company, and MidMichigan Health System.
Midland Metro Area has an unemployment rate of 5.2%. The US average is 6.0%.
Midland Metro Area has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Midland Metro Area
- The Sales Tax Rate for Midland Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland 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 Midland Metro Area
- The average income of a Midland Metro Area resident is $38,431 a year. The US average is $37,638 a year.
- The Median household income of a Midland Metro Area resident is $67,642 a year. The US average is $69,021 a year.