Clare County, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / No Metro Area / Clare County / Cities / Zip Codes
Clare, MI County is a vibrant and thriving community located in Mid-Michigan. It is a great place to live and work, with affordable two bedroom rent at $830 compared the national average of $1,430. Grocery costs in Clare are also very affordable with an index score of 90 versus the national average of 100.
The county is full of many great companies that contribute to its economy such as Walbro Automotive Electrical Group, Yeo & Yeo CPAs & Business Consultants, Michigan Sugar Company, Art Van Furniture Corporate Office, and American National Insurance Company. There are plenty of local businesses and attractions for residents to enjoy such as The Doherty Hotel or the Clare County Fairgrounds which hosts events such as concerts and farmers markets throughout the year.

Clare County has an unemployment rate of 8.1%. The US average is 6.0%.

Clare County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Clare County
- The Sales Tax Rate for Clare County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clare County 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 Clare County
- The average income of a Clare County resident is $18,572 a year. The US average is $28,555 a year.
- The Median household income of a Clare County resident is $43,069 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClare, MichiganUnited States
  8.16
  -5.9%-6.2%
  30.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,728$37,638
  $43,069$69,021
  $51,789$85,028
  Population by Occupation
  2.3%1.2%
  0.4%0.5%
  9.6%6.8%
  16.1%10.0%
  1.7%2.5%
  14.1%11.0%
  3.8%4.8%
  0.8%0.8%
  1.2%1.9%
  2.0%4.7%
  0.7%1.9%
  3.2%7.6%
  0.0%0.1%
  3.8%4.2%
  7.1%9.3%
  12.9%14.0%
  2.5%2.1%
  9.8%7.0%
  4.4%4.8%
  3.8%4.7%
Health