Emmett township, MI Economy


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Emmett township, MI is a great place to live with many attractions and amenities. The 2 bedroom rent is quite reasonable at $980 per month, making it a desirable option for renters. Additionally, grocery costs are 4% cheaper than the national average. In terms of businesses, Emmett township is home to several large companies including Eaton Corporation, Dow Chemical Company, Denso Manufacturing Michigan and Global Quality Services. All of these companies offer great job opportunities to local residents while also contributing to economic development in the community.

Emmett township has an unemployment rate of 4.5%. The US average is 6.0%.

Emmett township 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Emmett township
- The Sales Tax Rate for Emmett township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Emmett 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 Emmett township
- The average income of a Emmett township resident is $24,134 a year. The US average is $28,555 a year.
- The Median household income of a Emmett township resident is $83,686 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEmmett township, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,488$37,638
  $83,686$69,021
  $84,835$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  11.1%6.8%
  22.8%10.0%
  2.2%2.5%
  7.4%11.0%
  1.5%4.8%
  3.4%0.8%
  0.2%1.9%
  1.2%4.7%
  1.8%1.9%
  6.2%7.6%
  0.0%0.1%
  5.6%4.2%
  4.9%9.3%
  13.6%14.0%
  0.7%2.1%
  5.2%7.0%
  3.9%4.8%
  4.0%4.7%
Health
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