Everett, MI Economy


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United States / Michigan / No Metro Area / Newaygo County / Everett / Zip Codes
Everett, MI is a small city with a population of about 1,000 people. It is located in the northern part of Michigan and is known for its vibrant community atmosphere and low cost of living. Rent for a two bedroom apartment in Everett is $930, which is much lower than the US average of $1430. Additionally, grocery costs in Everett are 91 versus 100 in the US which further highlights the affordability of living in Everett.
Everett has many local businesses that make it such a great place to live. These include the Everett Drive-in restaurant, which serves delicious burgers and shakes; Miller’s Corner Market, an old-fashioned grocery store; and Bloomfield Woodworking where locals can buy custom furniture and cabinetry. There are also plenty of parks and trails in the area to explore nature or take long walks with friends.

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

Everett has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Everett
- The Sales Tax Rate for Everett is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Everett 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 Everett
- The average income of a Everett resident is $18,406 a year. The US average is $28,555 a year.
- The Median household income of a Everett resident is $46,902 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEverett, MichiganUnited States
  66
  -5.1%-6.2%
  29.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $22,759$37,638
  $46,902$69,021
  $59,417$85,028
  Population by Occupation
  2.0%1.2%
  1.4%0.5%
  13.0%6.8%
  29.1%10.0%
  0.8%2.5%
  8.3%11.0%
  3.1%4.8%
  0.0%0.8%
  0.9%1.9%
  1.9%4.7%
  2.0%1.9%
  0.4%7.6%
  0.0%0.1%
  5.6%4.2%
  5.8%9.3%
  12.4%14.0%
  0.5%2.1%
  4.3%7.0%
  2.6%4.8%
  6.0%4.7%
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