Barryton, MI Economy


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Barryton, MI is a small town in Michigan with affordable living costs. The average rent for a two bedroom apartment here is only $850 per month, which is much lower than the national average of $1,430. In addition, grocery costs are also significantly cheaper here at an index of 90 compared to 100 for the US. This makes Barryton an attractive place for those looking for a more economical option. There are plenty of local companies that can provide services to residents here including Barker's Department Store, Clarion Fish Market and Dyer's Automotive Repair. All three businesses offer quality goods and services at reasonable prices. With its low living costs and local businesses, Barryton is an ideal place to call home.

Barryton has an unemployment rate of 7.0%. The US average is 6.0%.

Barryton has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Barryton
- The Sales Tax Rate for Barryton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Barryton 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 Barryton
- The average income of a Barryton resident is $15,042 a year. The US average is $28,555 a year.
- The Median household income of a Barryton resident is $31,354 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarryton, MichiganUnited States
  76
  -4.9%-6.2%
  21.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $22,135$37,638
  $31,354$69,021
  $71,023$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  2.6%6.8%
  22.6%10.0%
  0.0%2.5%
  11.3%11.0%
  13.9%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  3.5%1.9%
  4.3%7.6%
  0.0%0.1%
  0.0%4.2%
  1.7%9.3%
  23.5%14.0%
  0.0%2.1%
  9.6%7.0%
  3.5%4.8%
  0.0%4.7%
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