Farwell, MI 48622

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1180 1880 $10,645 $1,522
(7.63% of returns)
$1,300
(8.47% of returns)
$0
$25,000 to $50,000 710 1430 $26,812 $2,042
(9.86% of returns)
$6,394
(26.76% of returns)
$3,500
$50,000 to $75,000 430 1010 $36,323 $3,314
(16.28% of returns)
$15,438
(30.23% of returns)
$4,860
$75,000 to $100,000 250 660 $47,436 $2,000
(20% of returns)
$18,614
(28% of returns)
$4,740
$100,000 to $200,000 240 670 $70,315 $5,233
(25% of returns)
$22,114
(29.17% of returns)
$5,455
Over $200,000 50 80 $229,575 $26,150
(40% of returns)
$0
(0% of returns)
$5,133
For Zip 2860 5730 $33,884

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0425 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0144 13

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38