Decatur, Michigan is a small but vibrant town located in the southwestern part of the state. With a population of around 4,900, it is a great place to live for those looking for a relaxed atmosphere with plenty of local amenities. The cost of living here is relatively low compared to other areas in Michigan. A two bedroom rental will run you about $910, while groceries are slightly cheaper than the national average at 93 index points compared to 100. There are several local businesses in Decatur such as K-Lin's Country Store, Fallow Field Farms, and Harder's Hardware providing all your day-to-day needs. Decatur provides an excellent quality of life without breaking the bank!
Decatur (zip 49045) has an unemployment rate of 6.6%. The US average is 6.0%.
Decatur (zip 49045) 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Decatur (zip 49045)
- The Sales Tax Rate for Decatur (zip 49045) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur (zip 49045) 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 Decatur (zip 49045)
- The average income of a Decatur (zip 49045) resident is $26,894 a year. The US average is $37,638 a year.
- The Median household income of a Decatur (zip 49045) resident is $51,709 a year. The US average is $69,021 a year.