Mount Clemens, MI Economy


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Mount Clemens, MI is a great city to live in for those looking for an affordable lifestyle. The two bedroom rent is $1,000, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Mount Clemens is 93 compared to 100 in the US. This makes Mount Clemens an attractive option to those on a budget. \nThe city offers plenty of entertainment options as well. Popular attractions include the Selfridge Air National Guard Base Museum, Lakeside Mall Shopping Center, and Freedom Hill County Park which offer unique activities for all ages. Mount Clemens is also a great place to work; major local companies include St John Providence Hospital, Macomb Community College, and Assured Partners of Michigan. All these features combined make Mount Clemens an ideal location for those looking for a new home.

Mount Clemens has an unemployment rate of 4.3%. The US average is 6.0%.

Mount Clemens has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Mount Clemens
- The Sales Tax Rate for Mount Clemens is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Clemens 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 Mount Clemens
- The average income of a Mount Clemens resident is $21,333 a year. The US average is $28,555 a year.
- The Median household income of a Mount Clemens resident is $48,101 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Clemens, MichiganUnited States
  4.36
  -10.6%-6.2%
  37.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,859$37,638
  $48,101$69,021
  $67,540$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  5.1%6.8%
  21.6%10.0%
  3.5%2.5%
  10.4%11.0%
  4.1%4.8%
  0.5%0.8%
  1.3%1.9%
  2.3%4.7%
  0.1%1.9%
  7.5%7.6%
  0.3%0.1%
  4.4%4.2%
  5.6%9.3%
  15.2%14.0%
  2.2%2.1%
  7.8%7.0%
  4.2%4.8%
  3.6%4.7%
Reviews for Mount Clemens
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Over 18 years ago

I lived in Michigan my entire life, until one year ago. The unemployment in the state is at an all time high. I do not foresee the economic distress changing anytime  More

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Over 18 years ago

Actually live in Macomb. Property values are declining and unemployment is over 7 %. Houses stay on the Market for over a year. Very Automotive  More

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