Almont Township is a vibrant and thriving community located in Michigan. It is a great place to work and live with many amenities that make it attractive to potential residents. The two bedroom rent in Almont Township is significantly lower than the national average, at just $1,050 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Almont township is 97 versus 100 nationally which helps keep food costs down for those living there. There are a variety of local businesses operating within the township such as Almont Auto Parts, Gallagher's Farm Market and Emmerson’s Hardware & Supply Store. All three of these businesses offer residents various goods and services at reasonable prices making it easy to save money while still being able to meet all needs and wants. The cost of living in Almont Township is quite low which makes it an attractive option for those looking for affordable housing options.
Almont township has an unemployment rate of 4.9%. The US average is 6.0%.
Almont township has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Almont township
- The Sales Tax Rate for Almont township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Almont township 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 Almont township
- The average income of a Almont township resident is $26,516 a year. The US average is $28,555 a year.
- The Median household income of a Almont township resident is $81,335 a year. The US average is $69,021 a year.