Fairgrove township, MI is a vibrant and diverse community situated in Midwestern United States. It has a 2 bedroom rent that is significantly lower than the US average at $830 as compared to $1430. Grocery cost index is also lower as it stands at 90 versus 100 in US. There are many local businesses located in Fairgrove such as Sam's Hardware store, Anderson Convenience Store and Taylor-Jackson Auto Parts. The median household income of this township is $41,750 per year with a poverty rate of 8.9%. All these factors give residents of Fairgrove ample opportunity to lead a comfortable life.
Fairgrove township has an unemployment rate of 6.3%. The US average is 6.0%.
Fairgrove township has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Fairgrove township
- The Sales Tax Rate for Fairgrove township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairgrove 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 Fairgrove township
- The average income of a Fairgrove township resident is $21,209 a year. The US average is $28,555 a year.
- The Median household income of a Fairgrove township resident is $52,031 a year. The US average is $69,021 a year.