Rives, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Rives, MI is a small town located in Saginaw County, known for its friendly atmosphere and affordable living standards. Rent for a two-bedroom apartment in Rives is $1,020 per month, lower than the US average of $1,430. Additionally, the grocery cost index is 94 versus 100 in the US. This makes Rives an excellent option for those looking to save money without sacrificing quality of life. \nLocal businesses include Marshall's Hardware Store, Lickety Split Ice Cream & Grill, and The Barn Family Restaurant and Bakery. Rives also has several elementary and middle schools as well as one high school - Valley Lutheran High School. Attractions worth visiting are Rheaume-Bleau Park which offers hiking trails and lakeside activities such as fishing or kayaking.

Rives has an unemployment rate of 5.9%. The US average is 6.0%.

Rives 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 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Rives
- The Sales Tax Rate for Rives is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rives 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 Rives
- The average income of a Rives resident is $24,319 a year. The US average is $28,555 a year.
- The Median household income of a Rives resident is $74,362 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRives, MichiganUnited States
  5.96
  -6.3%-6.2%
  29.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,858$37,638
  $74,362$69,021
  $84,500$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  11.9%6.8%
  22.1%10.0%
  2.5%2.5%
  11.2%11.0%
  2.4%4.8%
  4.0%0.8%
  2.1%1.9%
  3.8%4.7%
  1.7%1.9%
  4.2%7.6%
  0.0%0.1%
  1.5%4.2%
  5.7%9.3%
  15.8%14.0%
  1.4%2.1%
  3.6%7.0%
  2.7%4.8%
  3.2%4.7%
Health
Compare Rives, MI
cost of living
Compare food, housing, utilities, and more in Rives, Michigan to any other city in the US.