Melvin, MI is a small town located in the midwestern United States. It is known for its friendly people and low cost of living. Renting a two-bedroom apartment in Melvin can cost about $850 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost index in Melvin is 92 compared to 100 in the US. Local companies in Melvin include Melvin Grocery, Rich鈥檚 Auto Repair, Jan鈥檚 Hardware Store and B&B Roadside Cafe. Residents of Melvin enjoy a peaceful atmosphere and easy access to shopping outlets and restaurants.
Melvin has an unemployment rate of 6.4%. The US average is 6.0%.
Melvin has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Melvin
- The Sales Tax Rate for Melvin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Melvin is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Melvin
- The average income of a Melvin resident is $22,761 a year. The US average is $37,638 a year.
- The Median household income of a Melvin resident is $48,750 a year. The US average is $69,021 a year.