Athens, MI Economy


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Athens, MI is a great place for people to live and work. With an average 2 bedroom rent of $1,050 per month, it is more affordable than the US average rent of $1,430. Additionally, the grocery cost index in Athens is 92 versus 100 in the US, making groceries more affordable here as well. The city has several local businesses such as Greek’s Pizzeria & Restaurant, Country Market & Deli, and Pat’s Store which provide employment opportunities and serve as popular places for citizens to visit. All in all, Athens provides a great balance between cost of living and job opportunities that make it a desirable location to settle down in.

Athens has an unemployment rate of 6.4%. The US average is 6.0%.

Athens 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 22.8%, which is lower than the US average of 33.5%.

Tax Rates for Athens
- The Sales Tax Rate for Athens is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Athens 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 Athens
- The average income of a Athens resident is $19,658 a year. The US average is $28,555 a year.
- The Median household income of a Athens resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAthens, MichiganUnited States
  6.46
  -7.0%-6.2%
  22.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,250$37,638
  $58,750$69,021
  $71,875$85,028
  Population by Occupation
  1.6%1.2%
  2.1%0.5%
  11.3%6.8%
  26.1%10.0%
  0.0%2.5%
  16.9%11.0%
  4.9%4.8%
  0.5%0.8%
  0.5%1.9%
  2.4%4.7%
  0.3%1.9%
  1.6%7.6%
  0.7%0.1%
  2.4%4.2%
  3.0%9.3%
  10.4%14.0%
  0.0%2.1%
  1.9%7.0%
  11.1%4.8%
  2.3%4.7%
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