Liberty Loft CondosCost of Living
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State income tax rate: 3.9% (2005)
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State sales tax rate: 6.0% (2006)
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Local income tax rate: None
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Local sales tax rate: None
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Property tax rate (City of Ann Arbor): $47.36 per $1,000 of assessed value (2004)
- Cost of Living Index
128.21 (U.S. Average = 100)
Source: Ann Arbor Area Chamber of Commerce
Note: Salaries in the education, health care and high-tech areas are higher than the national averages, offsetting the cost of living.
