Capac, MI is a great place to live with an affordable cost of living. The 2 bedroom rent in Capac is $980 which is significantly lower than the US average of $1,430. In addition to low rent costs, groceries are also more affordable in Capac as the Grocery Cost Index in this area is 93 compared to 100 in the US.
Capac offers plenty of employment opportunities located close by. Companies such as First Michigan Bank, Pulse Electronics Corporation, C & J Air-conditioning and Heating Company Inc., Auto Zone Distribution Center, and Gail Construction Company provide job opportunities in a variety of fields. With its low cost of living and wide selection of local businesses, Capac is an excellent place for individuals looking for a great place to live and work.
Capac (zip 48014) has an unemployment rate of 4.5%. The US average is 6.0%.
Capac (zip 48014) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Capac (zip 48014)
- The Sales Tax Rate for Capac (zip 48014) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Capac (zip 48014) 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 Capac (zip 48014)
- The average income of a Capac (zip 48014) resident is $20,391 a year. The US average is $28,555 a year.
- The Median household income of a Capac (zip 48014) resident is $62,417 a year. The US average is $69,021 a year.