Garden township, MI Economy


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Garden Township in Michigan is a great place to live. It offers affordable housing with two bedroom rentals averaging around $800 per month. The cost of groceries is slightly lower than the national average, making it an excellent option for budget-conscious families. Some of the local companies include M&T Auto Body, S&S Automotive Repair, and D&R Heating & Air Conditioning. Three key facts about Garden Township include its low rent costs, grocery costs index, and the presence of numerous small business owners in the area.

Garden township has an unemployment rate of 6.4%. The US average is 6.0%.

Garden 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 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Garden township
- The Sales Tax Rate for Garden township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garden 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 Garden township
- The average income of a Garden township resident is $24,316 a year. The US average is $28,555 a year.
- The Median household income of a Garden township resident is $44,643 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarden township, MichiganUnited States
  6.46
  -4.9%-6.2%
  20.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,762$37,638
  $44,643$69,021
  $63,068$85,028
  Population by Occupation
  6.8%1.2%
  1.2%0.5%
  6.2%6.8%
  11.7%10.0%
  0.0%2.5%
  11.7%11.0%
  6.2%4.8%
  0.0%0.8%
  1.2%1.9%
  8.6%4.7%
  0.0%1.9%
  4.3%7.6%
  0.0%0.1%
  4.3%4.2%
  4.3%9.3%
  6.2%14.0%
  6.2%2.1%
  0.6%7.0%
  13.0%4.8%
  7.4%4.7%
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