Daggett township, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Daggett Township, MI is a great place to live and work. The 2 bedroom rent in the area is $830 which is significantly lower than the US average of $1,430 for the same type of living space. The grocery cost index in Daggett Township, MI is also 91 compared to 100 in the US. The low housing costs and relatively inexpensive groceries make Daggett Township an attractive location for many people looking for a good deal.
There are many local companies located in Daggett Township such as ConAgra Foods, Advance Auto Parts, Walgreens Pharmacy, and Speedway Gas Station among others. These businesses all provide valuable services to residents and visitors alike. Additionally, there are several nearby parks that offer outdoor recreation options such as hiking trails, fishing spots, and more. With its affordable prices and wide variety of activities available, Daggett Township is a great place to call home.

Daggett township has an unemployment rate of 4.7%. The US average is 6.0%.

Daggett township has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.

Tax Rates for Daggett township
- The Sales Tax Rate for Daggett township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Daggett township 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 Daggett township
- The average income of a Daggett township resident is $21,210 a year. The US average is $28,555 a year.
- The Median household income of a Daggett township resident is $45,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDaggett township, MichiganUnited States
  4.76
  -5.4%-6.2%
  14.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,877$37,638
  $45,000$69,021
  $57,708$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  8.4%6.8%
  28.9%10.0%
  3.1%2.5%
  5.3%11.0%
  3.1%4.8%
  0.0%0.8%
  1.8%1.9%
  0.0%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  1.8%4.2%
  8.9%9.3%
  16.4%14.0%
  0.9%2.1%
  6.7%7.0%
  4.4%4.8%
  3.6%4.7%
Health
Compare Daggett township, MI
cost of living
Compare food, housing, utilities, and more in Daggett township, Michigan to any other city in the US.