Cost of living indices are based on a US average of 100. An amount below 100 means Jackson, MI is less expensive than the US average. A cost of living index above 100 means Jackson, MI is more expensive.
Overall, Jackson, MI cost of living is 80. Overall ranking is a total of all the Cost of Living (COL) categories, weighted subjectively as follows: housing (30%), food and groceries (15%), transportation (10%), utilities (6%), health care (7%), and miscellaneous expenses such as clothing, services, and entertainment (32%). State and local taxes are not included in any category. Housing = 40: Average cost of an area’s housing, which includes mortgage payments, apartment rents, and property tax. Groceries = 96: Average cost of food in grocery stores in an area. Transportation = 103: Average cost of gasoline, car insurance, maintenance expenses, and mass transit fare for the area. The cost of vehicles and any vehicle registration and license taxes are not included. Utilities = 104: Average cost of heating or cooling a typical residence for the area, including electricity and natural gas. Health = 97: Average cost of health care calculated using the standard daily rate for a hospital room, and the costs of a doctor’s office visit, and a dental checkup. Miscellaneous = 98: Average cost index of those goods and services not included in other COL categories including, clothing, restaurants, repairs, entertainment, and other services. Source: Data and other content Original research and analysis by Sperling’s BestPlaces, June 2014
Total Labor Force: 74,530 Total residents in Jackson County, employed: 71,460 Total residents in Jackson County, not working: 3,070 Jackson County: Unemployment Rate for November 2017: 4.1% Unemployment Rate for the US in November 2017: 4.1% Unemployment Rate for Michigan in November 2017: 4.6% *Source: November 2017 Labor Market
Source/Michigan Employment Service AgencyMichigan's Labor Market News - December 2017
As of December 31, 2017, there have been no Jackson County businesses that have closed nor have there been any mass lay-offs in 2017, with the exception of state-wide plant closings totaling 84 jobs at Sears, and 130 jobs at Kmart. The number of those jobs in Jackson County are unknown. Source: WARN Notices for 2017
Top Occupations Office and Administrative Support: 10,741 Production Workers: 7,705 Sales: 7,234 Executive, Managers, and Administrators: 6,961 Health Diagnosing and Treating Practitioners: 4,776 Source: Zoom Prospector - Applied Geographic Solutions, 2017 Demographic Estimates for Jackson County.
Business and Jobs
Jackson County has a total of 5,994 businesses. The leading industries in Jackson County: Health Care and Social Services:1,120 establishments with 15,984 jobs Retail:806 establishments with 9,484 jobs Manufacturing:309 establishments with 6,626 jobs Education:164 establishments with 6,345 jobs Source: Zoom Prospector - Applied Geographic Solutions, 2017 Demographic Estimates for Jackson County.
Median household income: $51,625 Total Dwellings: 68,872 Total Owner-Occupied Dwellings: 46,015 Total Renter-Occupied Dwellings: 16,805 Housing Units Occupied: 62,820 Average Sale Price for Residential in 2017: $151,511 Average Sale Price for Residential in 2016: $134,787 Total number of Residential sales in 2017: 1,919 Sources: Jackson Area Association of Realtors, 2017 Statistics, and Zoom Prospector - Applied Geographic Solutions, 2017 Demographic Estimates for Jackson County
9th grade:2.08% 9th through 12th grade:7.51% High school diploma or equivilent:34.39% Some college:25.68% Associate’s Degrees:9.49% Bachelor’s Degrees:14.27% Graduate Degrees:6.57%
The majority of the population of Jackson County has completed at least a high school diploma, and 30.33 percent have a College Degree.
Source: Zoom Prospector - Applied Geographic Solutions, 2017 Demographic Estimates for Jackson County