Cadillac, Michigan is a vibrant city located in Wexford County. It is an attractive place to live due to the low cost of living. The average rent for a two bedroom apartment in Cadillac is $870, significantly cheaper than the US average rent of $1,430. Additionally, grocery costs are lower as well with the Grocery Cost Index in Cadillac at 91 versus 100 in the US.
The city also boasts plenty of local companies that make it a desirable spot to live and work. These include Chippewa Manufacturing Company, Trinity Industries Inc., Steelcase Inc., and Diversified Machine Systems LLC. Chippewa Manufacturing Company is a leading producer of wood products while Trinity Industries Inc. is a leader in steel manufacturing. Steelcase Inc. manufactures office furniture and Diversified Machine Systems LLC is an industry-leading supplier of precision CNC Machining Services. With many options for employment and affordable housing, Cadillac, Michigan is an ideal location to call home.
Cadillac (zip 49601) has an unemployment rate of 6.2%. The US average is 6.0%.
Cadillac (zip 49601) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Cadillac (zip 49601)
- The Sales Tax Rate for Cadillac (zip 49601) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cadillac (zip 49601) 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 (zip 49601)
- The average income of a Cadillac (zip 49601) resident is $22,315 a year. The US average is $28,555 a year.
- The Median household income of a Cadillac (zip 49601) resident is $56,664 a year. The US average is $69,021 a year.