DeWitt, MI Economy


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DeWitt, MI is a small city located in Central Michigan. It is known for its affordable housing and living costs. The average two bedroom rent in DeWitt is $1,080 compared to the US rate of $1,430. Additionally, the Grocery Cost Index in DeWitt is 98 versus 100 in the US. This makes it attractive for people looking for cost-effective living. There are many local businesses which contribute to the city's economy including Mid Michigan Plastics Inc., Community National Bank & Trust and Metro Wireless Zone. Popular attractions include Fitzgerald Park and Bailey Museum where visitors can enjoy nature walks or learn about history.

DeWitt has an unemployment rate of 4.3%. The US average is 6.0%.

DeWitt has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for DeWitt
- The Sales Tax Rate for DeWitt is 6.0%. The US average is 7.3%.
- The Income Tax Rate for DeWitt is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for DeWitt
- The average income of a DeWitt resident is $36,907 a year. The US average is $28,555 a year.
- The Median household income of a DeWitt resident is $90,382 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeWitt, MichiganUnited States
  4.36
  -6.6%-6.2%
  33.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $48,354$37,638
  $90,382$69,021
  $109,438$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  9.1%10.0%
  2.7%2.5%
  12.3%11.0%
  0.9%4.8%
  1.3%0.8%
  0.7%1.9%
  8.7%4.7%
  3.8%1.9%
  7.2%7.6%
  0.0%0.1%
  1.0%4.2%
  13.1%9.3%
  13.4%14.0%
  2.3%2.1%
  3.3%7.0%
  3.7%4.8%
  13.5%4.7%
Reviews for DeWitt
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I've lived in DeWitt for 4 years now, I have to say the teachers at DeWitt are my favorite. Jason Lafay and Jeff Croley are truly the personality of the school. They  More

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Over 8 years ago

For the most part, I've really enjoyed living in Dewitt for the past 7 years. The town is usually nice and clean and has very little crime in the area. The only real but  More

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Over 8 years ago

Dewitt, Michigan is a good little community to live in. It offers a good school district for kids, a diverse community to get along with, nice public areas to socialize  More

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