Dryden township, MI Economy


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Dryden Township is a small town located in Michigan, known for its local companies and affordable rental options. The average 2 bedroom rent in the township is slightly lower than the US average at $1,290 compared to $1,430, which makes it an attractive option for those looking to save money on rent. Additionally, groceries are relatively cheap here with a grocery cost index of 99 versus 100 nationally. Popular local companies in Dryden Township include Town & Country Pizza, CJ's Barbecue and Grill, and Friesland Farms & Dairy Store. All three boast great food and friendly service that keep both locals and visitors coming back again and again.

Dryden township has an unemployment rate of 4.9%. The US average is 6.0%.

Dryden township 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 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Dryden township
- The Sales Tax Rate for Dryden township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dryden 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 Dryden township
- The average income of a Dryden township resident is $30,659 a year. The US average is $28,555 a year.
- The Median household income of a Dryden township resident is $85,789 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDryden township, MichiganUnited States
  4.96
  -10.4%-6.2%
  33.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $41,206$37,638
  $85,789$69,021
  $89,583$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  8.0%6.8%
  23.8%10.0%
  2.0%2.5%
  9.0%11.0%
  2.1%4.8%
  3.0%0.8%
  1.5%1.9%
  3.5%4.7%
  1.1%1.9%
  8.5%7.6%
  0.0%0.1%
  5.0%4.2%
  7.7%9.3%
  11.2%14.0%
  1.3%2.1%
  3.3%7.0%
  5.2%4.8%
  3.3%4.7%
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