Lawrence Township, MI is located in the southern part of Michigan’s lower peninsula. It is a small community that offers its residents an affordable cost of living. The 2 bedroom rent in Lawrence Township, MI is $870 per month whereas the average US 2 bedroom rent is $1,430. Additionally, according to the Grocery Cost Index, groceries are 7% cheaper than the national average in Lawrence township. This makes Lawrence township an attractive place to live for those looking for an affordable cost of living. There are many local businesses that call Lawrence township home such as All American Pizza Company, Palmer & Sons Hardware Store, and Country Market of Lawrence. Each business provides quality products and services at reasonable prices to their customers who live in the Lawrence Township area.
Lawrence township has an unemployment rate of 6.6%. The US average is 6.0%.
Lawrence township has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Lawrence township
- The Sales Tax Rate for Lawrence township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lawrence 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 Lawrence township
- The average income of a Lawrence township resident is $19,818 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence township resident is $56,776 a year. The US average is $69,021 a year.