Metz, MI Economy


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Metz, MI is a small town located in Michigan with a population of around 1,000 people. It is known for its affordable housing and low cost of living. The average 2 bedroom rent in Metz is only $840 compared to the US average of $1,430 making it an ideal location for families looking for value. The grocery cost index in Metz is also much lower than the national average at 91 as compared to 100. There are several local companies operating in Metz that provide various services such as banking, childcare, health care, and auto repair. Additionally, there are many recreational activities available in the town such as hiking trails, golf courses, fishing spots and parks with plenty of outdoor recreation options.

Metz has an unemployment rate of 9.5%. The US average is 6.0%.

Metz has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 11.8%, which is lower than the US average of 33.5%.

Tax Rates for Metz
- The Sales Tax Rate for Metz is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Metz 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 Metz
- The average income of a Metz resident is $22,932 a year. The US average is $28,555 a year.
- The Median household income of a Metz resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetz, MichiganUnited States
  9.56
  -3.9%-6.2%
  11.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,284$37,638
  $48,750$69,021
  $65,208$85,028
  Population by Occupation
  9.0%1.2%
  3.8%0.5%
  2.6%6.8%
  21.8%10.0%
  2.6%2.5%
  9.0%11.0%
  0.0%4.8%
  3.8%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.1%7.6%
  0.0%0.1%
  3.8%4.2%
  0.0%9.3%
  19.2%14.0%
  0.0%2.1%
  10.3%7.0%
  5.1%4.8%
  3.8%4.7%
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