Caro, MI is a small city located in Tuscola County with a population of around 2,620 people. It is known for its low cost of living and friendly community atmosphere. Rent for a two-bedroom apartment in Caro can be found as low as $820 per month, which is significantly lower than the US average of $1,430 per month. The grocery cost index in Caro is also lower than the national average; with an index score of 90 versus 100 in the US.
Caro has many local businesses that contribute to the community's well-being such as Pumford Construction, which provides general contracting services. Zosso Realty offers realty services that range from residential sales to commercial leasing and management. There's also DMC Financial Services which specializes in bookkeeping and payroll services for businesses of all sizes. Overall, Caro is an affordable place to live and work with plenty of local amenities to explore.
Caro (zip 48723) has an unemployment rate of 6.3%. The US average is 6.0%.
Caro (zip 48723) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Caro (zip 48723)
- The Sales Tax Rate for Caro (zip 48723) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caro (zip 48723) 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 Caro (zip 48723)
- The average income of a Caro (zip 48723) resident is $27,541 a year. The US average is $37,638 a year.
- The Median household income of a Caro (zip 48723) resident is $52,712 a year. The US average is $69,021 a year.