Amboy, MI Economy


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Amboy, MI is a small town located in the lower peninsula of Michigan. It offers a peaceful living environment with great access to amenities and activities. Rent for two bedrooms is relatively affordable at $850, and the local grocery cost index is 95 compared to the US average of 100. In terms of businesses and attractions, Amboy has many local restaurants offering great dining experiences, as well as numerous outdoor activities such as hiking and biking trails. Additionally, there are several museums in Amboy that showcase unique collections from the past. All in all, Amboy offers its residents plenty of options for entertainment or relaxation!

Amboy has an unemployment rate of 5.4%. The US average is 6.0%.

Amboy has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Amboy
- The Sales Tax Rate for Amboy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Amboy 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 Amboy
- The average income of a Amboy resident is $21,814 a year. The US average is $28,555 a year.
- The Median household income of a Amboy resident is $51,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmboy, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,677$37,638
  $51,938$69,021
  $61,667$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  16.5%6.8%
  27.6%10.0%
  2.8%2.5%
  8.5%11.0%
  6.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  4.4%4.2%
  0.8%9.3%
  12.1%14.0%
  0.0%2.1%
  4.6%7.0%
  7.5%4.8%
  7.2%4.7%
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