Irving, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Irving, MI is a small town located in the heart of Michigan, with a population of roughly 1,000 people. Despite its size, Irving has much to offer. Rent for a two-bedroom apartment is quite affordable at $1,060 per month which is significantly lower than the US average of $1,430. Irving also has an extremely low Grocery Cost Index of 95 compared to the US average of 100. The city boasts some great local family businesses such as Schmiedeknecht's Country Store and Red River Farms, as well as some recreational attractions like Cedar Point Park and Bridge Creek Golf Course. With its friendly atmosphere and great amenities, Irving is an ideal place for families to settle down in Michigan.

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

Irving has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Irving
- The Sales Tax Rate for Irving is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Irving 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 Irving
- The average income of a Irving resident is $26,781 a year. The US average is $28,555 a year.
- The Median household income of a Irving resident is $77,344 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIrving, MichiganUnited States
  4.96
  -6.0%-6.2%
  35.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,156$37,638
  $77,344$69,021
  $85,000$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  11.4%6.8%
  18.0%10.0%
  11.6%2.5%
  5.6%11.0%
  1.4%4.8%
  0.0%0.8%
  0.3%1.9%
  3.3%4.7%
  5.7%1.9%
  1.8%7.6%
  0.0%0.1%
  2.3%4.2%
  3.2%9.3%
  14.8%14.0%
  2.3%2.1%
  5.2%7.0%
  7.9%4.8%
  2.7%4.7%
Health
Compare Irving, MI
cost of living
Compare food, housing, utilities, and more in Irving, Michigan to any other city in the US.