Johnstown, MI Economy


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Johnstown, MI is a small town located in Michigan near the Great Lakes. It is an attractive suburb of nearby cities like Grand Rapids and Lansing, making it a great place to live for those looking to be close to the amenities offered by larger towns. The two bedroom rent in Johnstown, MI is $890, which is significantly lower than the national average at $1,430. Grocery cost index in Johnstown is 93, lower than the US average of 100 meaning groceries are more affordable than many other places. There are a number of local companies that can be found here such as Mid-Michigan Plastics and Michigan Summerwood Landscaping & Irrigation LLC. With its convenient access to the larger cities, affordable cost of living, and many local businesses; Johnstown makes for a great place to live!

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

Johnstown 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 Johnstown
- The Sales Tax Rate for Johnstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Johnstown 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 Johnstown
- The average income of a Johnstown resident is $28,204 a year. The US average is $28,555 a year.
- The Median household income of a Johnstown resident is $60,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJohnstown, MichiganUnited States
  4.96
  -6.0%-6.2%
  35.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,336$37,638
  $60,000$69,021
  $85,282$85,028
  Population by Occupation
  5.7%1.2%
  0.0%0.5%
  8.7%6.8%
  27.5%10.0%
  1.3%2.5%
  8.3%11.0%
  3.4%4.8%
  7.4%0.8%
  0.0%1.9%
  2.0%4.7%
  0.6%1.9%
  4.8%7.6%
  0.0%0.1%
  1.4%4.2%
  1.9%9.3%
  12.1%14.0%
  1.4%2.1%
  3.4%7.0%
  5.1%4.8%
  5.0%4.7%
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