Hemlock, MI is a great place to live with affordable rent and lower grocery costs. The 2 bedroom rent in Hemlock is $880 while the US average is $1,430. This provides a great cost savings of nearly 38%. Additionally, the Grocery Cost Index in Hemlock is 94 compared to 100 in the US. This saves an additional 6% when compared to the national average. Those looking to move to 48626 Hemlock, MI will need to find housing and groceries for their needs. Local companies such as Grissinger Realty & Property Management Inc., Mobile Estates Homeowners Association, and Schafer's Meats & Groceries can provide housing and groceries at more competitive prices than many other areas.
Hemlock (zip 48626) has an unemployment rate of 6.8%. The US average is 6.0%.
Hemlock (zip 48626) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Hemlock (zip 48626)
- The Sales Tax Rate for Hemlock (zip 48626) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hemlock (zip 48626) 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 Hemlock (zip 48626)
- The average income of a Hemlock (zip 48626) resident is $34,689 a year. The US average is $37,638 a year.
- The Median household income of a Hemlock (zip 48626) resident is $80,250 a year. The US average is $69,021 a year.