Litchfield, MI is a city located in Hillsdale County and has a population of 492. The average rent for a 2 bedroom apartment in this town is $910 per month, which is much lower than the US average 2 Bedroom Rent of $1,430. Additionally, Litchfield boasts a grocery cost index of 93 versus 100 for the United States as a whole. This makes Litchfield an attractive place to live due to its lower cost of living as compared to other parts of the country. Local companies such as Litchfield Implement Co., Tally's Pizza & Subs, and DeRocco's Cleaners provide employment opportunities for the residents. With its low rent prices and overall lower cost of living, Litchfield offers an attractive option for those looking to move or live in Michigan on a budget.
Litchfield (zip 49252) has an unemployment rate of 5.4%. The US average is 6.0%.
Litchfield (zip 49252) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Litchfield (zip 49252)
- The Sales Tax Rate for Litchfield (zip 49252) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Litchfield (zip 49252) 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 Litchfield (zip 49252)
- The average income of a Litchfield (zip 49252) resident is $24,446 a year. The US average is $37,638 a year.
- The Median household income of a Litchfield (zip 49252) resident is $47,601 a year. The US average is $69,021 a year.