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Economy in Sherman township (Osceola county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySherman township (Osceola county), MIUnited States
Unemployment Rate13.40%9.10%
Recent Job Growth-2.08%-0.12%
Future Job Growth22.44%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$21,752$27,067
Household Income$48,905$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.82%12.10%
Income between 15K and 25K10.58%10.18%
Income between 25K and 35K12.85%10.56%
Income between 35K and 50K18.39%14.98%
Income between 50K and 75K25.19%19.53%
Income between 75K and 100K11.34%12.52%
Income between 100K and 150K9.32%12.14%
Income between 150K and 250K1.51%3.91%
Income between 250K and 500K1.01%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.00%13.81%
Professional and Related Occupations17.40%22.68%
Service17.40%14.51%
Sales and Office18.24%25.22%
Farming, Fishing, and Forestry0.21%0.68%
Construction, Extraction, and Maintenance14.05%9.37%
Production, Transportation, and Material Moving36.06%15.86%
Median Household Income

The unemployment rate in Sherman township (Osceola county), MI, is 13.40%, with job growth of -2.08%. Future job growth over the next ten years is predicted to be 22.44%.

Sherman township (Osceola county), MI Taxes

Sherman township (Osceola county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Sherman township (Osceola county), MI Income and Salaries

The income per capita is $21,752, which includes all adults and children. The median household income is $48,905.


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