Gladwin County, MI Economy


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United States / Michigan / No Metro Area / Gladwin County / Cities / Zip Codes
Gladwin County is located in the lower peninsula of Michigan and is known for its outdoor recreation opportunities. It has a population of approximately 25,000 residents and offers plenty of activities such as fishing, hiking, and camping. The cost of living in Gladwin County is much lower than the national average, with a 2 bedroom rent costing $830 compared to the US average of $1,430. Additionally, the grocery cost index in Gladwin County is 91 versus 100 in the US. \nThe county also has many local businesses ranging from small shops, restaurants and wineries to larger corporations like Dow Chemical Company and General Motors. In addition to these large companies there are numerous small businesses and organizations that have been established within the county; some examples include the State Line Auto Group which provides automotive sales and services, Harriett's Thunder Bay River Outfitters offering river trips down the Thunder Bay River as well as an animal sanctuary to learn more about animals living in the area.

Gladwin County has an unemployment rate of 7.5%. The US average is 6.0%.

Gladwin County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Gladwin County
- The Sales Tax Rate for Gladwin County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gladwin 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 Gladwin County
- The average income of a Gladwin County resident is $20,753 a year. The US average is $28,555 a year.
- The Median household income of a Gladwin County resident is $48,279 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGladwin, MichiganUnited States
  7.56
  -4.7%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,140$37,638
  $48,279$69,021
  $60,632$85,028
  Population by Occupation
  2.3%1.2%
  0.1%0.5%
  11.8%6.8%
  18.8%10.0%
  1.3%2.5%
  10.7%11.0%
  4.2%4.8%
  1.5%0.8%
  1.1%1.9%
  3.3%4.7%
  1.5%1.9%
  3.3%7.6%
  0.0%0.1%
  2.9%4.2%
  6.1%9.3%
  15.5%14.0%
  1.9%2.1%
  4.4%7.0%
  4.3%4.8%
  4.9%4.7%
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