Paw Paw township, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Paw Paw township, MI is an attractive destination for those looking for a balance between affordable living and a comfortable lifestyle. With a two bedroom rent price of only $860, it is significantly lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Paw Paw township is 94 compared to the 100 US average. There are plenty of local businesses and institutions that make up the community in this area, including D&W Fresh Market, Grand Traverse Pie Company, Sherman Lake YMCA Outdoor Center, Van Buren/Cass District Health Department and many more.

Paw Paw township has an unemployment rate of 6.6%. The US average is 6.0%.

Paw Paw 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 Paw Paw township
- The Sales Tax Rate for Paw Paw township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paw Paw 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 Paw Paw township
- The average income of a Paw Paw township resident is $23,404 a year. The US average is $28,555 a year.
- The Median household income of a Paw Paw township resident is $59,276 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPaw Paw township, MichiganUnited States
  6.66
  -5.5%-6.2%
  25.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,928$37,638
  $59,276$69,021
  $69,076$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  6.0%6.8%
  15.6%10.0%
  4.5%2.5%
  19.6%11.0%
  2.3%4.8%
  0.6%0.8%
  0.5%1.9%
  4.1%4.7%
  1.1%1.9%
  1.7%7.6%
  0.5%0.1%
  6.0%4.2%
  4.3%9.3%
  10.4%14.0%
  2.2%2.1%
  6.2%7.0%
  9.9%4.8%
  1.6%4.7%
Health
Compare Paw Paw township, MI
cost of living
Compare food, housing, utilities, and more in Paw Paw township, Michigan to any other city in the US.