Carsonville, MI Economy


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United States / Michigan / No Metro Area / Sanilac County / Carsonville / Zip Codes
Carsonville is a small town located in Michigan with a population of around 7,245. It is a great place to live due to its low cost of living. The average two-bedroom rental costs $810 per month, which is much lower than the national average of $1,430 per month. Additionally, the grocery cost index in Carsonville is 92 compared to the national average of 100, meaning that groceries are cheaper here than most places in the US. The town has many notable businesses such as Carsonville Hardware and Miller Automotive Group. All things considered, Carsonville offers an affordable lifestyle while still providing local businesses and amenities.

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

Carsonville 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 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Carsonville
- The Sales Tax Rate for Carsonville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carsonville 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 Carsonville
- The average income of a Carsonville resident is $13,740 a year. The US average is $28,555 a year.
- The Median household income of a Carsonville resident is $42,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarsonville, MichiganUnited States
  6.46
  -5.5%-6.2%
  23.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $19,944$37,638
  $42,000$69,021
  $44,500$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  2.0%6.8%
  21.3%10.0%
  0.5%2.5%
  22.8%11.0%
  0.5%4.8%
  0.5%0.8%
  1.5%1.9%
  3.0%4.7%
  3.5%1.9%
  2.0%7.6%
  0.0%0.1%
  11.9%4.2%
  2.0%9.3%
  12.4%14.0%
  0.0%2.1%
  1.5%7.0%
  3.5%4.8%
  6.9%4.7%
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