Find out how much it costs to live in Grand Rapids.
With an average state sales tax rate and no social security tax, Michigan receives a "Mixed" tax rating from Kiplinger. Grand Rapids also has a lower cost of living than the national average, making for an affordable location for those retirees looking to stretch their dollars.
State Income Tax:
Social Security Tax?
County + State Sales Tax
Property Tax Rate *
Property Tax Ranking (County Property Tax rank out of 2,773, higher rank=lower rate) *
Cost of Living Index (100=average):
Housing + transportation costs as % of income:
State Sales Tax Breaks for Seniors:
Tax burden: % income going to state and local taxes:
Some seniors, disabled persons, veterans, surviving spouses of veterans and farmers may be able to delay paying property taxes, depending on the county of residence and income level
For more detailed tax information from Kiplinger, visit www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/
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To learn more about real estate in Grand Rapids book a visit and we'll help you find the right place to live.
With a very low unemployment rate for individuals over 65, Grand Rapids provides opportunity for those who want to work post relocation. Those with healthcare experience are in especially good hands, as Spectrum Health is one of the largest companies in the area. Some other potential employers include Meijer, Axios, and Spartan Stores.
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