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Economy in Coldwater township (Branch county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyColdwater township (Branch county), MIUnited States
Unemployment Rate10.70%9.10%
Recent Job Growth-3.64%-0.12%
Future Job Growth22.02%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$20,319$27,067
Household Income$42,528$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.53%12.10%
Income between 15K and 25K17.55%10.18%
Income between 25K and 35K12.33%10.56%
Income between 35K and 50K16.74%14.98%
Income between 50K and 75K21.81%19.53%
Income between 75K and 100K7.78%12.52%
Income between 100K and 150K9.83%12.14%
Income between 150K and 250K1.62%3.91%
Income between 250K and 500K0.81%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.02%13.81%
Professional and Related Occupations18.95%22.68%
Service12.45%14.51%
Sales and Office23.19%25.22%
Farming, Fishing, and Forestry1.30%0.68%
Construction, Extraction, and Maintenance8.21%9.37%
Production, Transportation, and Material Moving30.44%15.86%
Median Household Income

The unemployment rate in Coldwater township (Branch county), MI, is 10.70%, with job growth of -3.64%. Future job growth over the next ten years is predicted to be 22.02%.

Coldwater township (Branch county), MI Taxes

Coldwater township (Branch county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Coldwater township (Branch county), MI Income and Salaries

The income per capita is $20,319, which includes all adults and children. The median household income is $42,528.


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