Stockbridge, MI is a small town with a population of 49285 people. It has an affordable rental market as the average two bedroom rent is $1,100 compared to the US average of $1,430; making it a great place for families or individuals to settle down. The grocery cost index is also lower at 95 compared to 100 in the US. Local businesses that call Stockbridge home include: Southern Michigan Bank & Trust, Stockbridge Chiropractic Health Center, and Family Fare Supermarkets.
Stockbridge (zip 49285) has an unemployment rate of 5.2%. The US average is 6.0%.
Stockbridge (zip 49285) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Stockbridge (zip 49285)
- The Sales Tax Rate for Stockbridge (zip 49285) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stockbridge (zip 49285) 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 Stockbridge (zip 49285)
- The average income of a Stockbridge (zip 49285) resident is $35,577 a year. The US average is $37,638 a year.
- The Median household income of a Stockbridge (zip 49285) resident is $62,401 a year. The US average is $69,021 a year.