Chesaning, MI Economy


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Chesaning, MI is a small city located in Saginaw County with a population of 1,817 people according to the 2016 census. The median two bedroom rent is $820, which is much lower than the US median two bedroom rent of $1,430. Additionally, the grocery cost index in Chesaning is 93 versus 100 in the US. This makes Chesaning an affordable city for those looking to move. Local businesses include B & F Pizzeria, Country Kitchen Restaurant, and Chesaning Pharmacy. All three are popular establishments among residents and visitors alike; offering excellent food and customer service.

Chesaning has an unemployment rate of 6.8%. The US average is 6.0%.

Chesaning has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Chesaning
- The Sales Tax Rate for Chesaning is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chesaning 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 Chesaning
- The average income of a Chesaning resident is $21,178 a year. The US average is $28,555 a year.
- The Median household income of a Chesaning resident is $49,722 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesaning, MichiganUnited States
  6.86
  -7.7%-6.2%
  22.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,519$37,638
  $49,722$69,021
  $51,964$85,028
  Population by Occupation
  13.6%1.2%
  0.0%0.5%
  4.1%6.8%
  17.8%10.0%
  0.0%2.5%
  8.6%11.0%
  2.8%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  1.3%1.9%
  3.2%7.6%
  0.0%0.1%
  5.0%4.2%
  8.0%9.3%
  19.7%14.0%
  1.1%2.1%
  7.1%7.0%
  3.5%4.8%
  0.3%4.7%
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