Dewitt, MI (48820) is a great place to live as it has much lower costs of living than the US overall. The average price for a two bedroom rental in Dewitt is $1,100 which is substantially less than the US average of $1,430. Moreover, the grocery cost index in Dewitt is 98 versus 100 in the US, making food even more affordable. This means that residents can save money on everyday expenses while also enjoying the amenities this town has to offer. \nThe small city offers many environmentally friendly activities such as hiking trails and lakeside views. A few local companies include Meijer, a grocery store; Regal Cinemas, a movie theater; and TCF Bank for banking services. With so many options available for entertainment and transportation its no wonder why people choose to call Dewitt home.
Dewitt (zip 48820) has an unemployment rate of 4.3%. The US average is 6.0%.
Dewitt (zip 48820) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Dewitt (zip 48820)
- The Sales Tax Rate for Dewitt (zip 48820) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dewitt (zip 48820) 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 Dewitt (zip 48820)
- The average income of a Dewitt (zip 48820) resident is $44,117 a year. The US average is $37,638 a year.
- The Median household income of a Dewitt (zip 48820) resident is $90,091 a year. The US average is $69,021 a year.