Roxand, MI Economy


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Roxand, MI offers a relatively low cost of living in comparison to the US. Rent for a two bedroom apartment is $880 a month, which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Roxand stands at 94 compared to 100 on average nationally. This makes Roxand an ideal destination for those looking to save money. Local businesses include The Five Brothers Drive-In Restaurant, Hickory Sticks Golf Course, and Indulgence Hair Studio. In terms of affordability and quality of life, Roxand offers something special for all who seek it out.

Roxand has an unemployment rate of 4.9%. The US average is 6.0%.

Roxand has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Roxand
- The Sales Tax Rate for Roxand is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Roxand 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 Roxand
- The average income of a Roxand resident is $25,785 a year. The US average is $28,555 a year.
- The Median household income of a Roxand resident is $86,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoxand, MichiganUnited States
  4.96
  -6.9%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $44,616$37,638
  $86,625$69,021
  $101,146$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  10.6%6.8%
  16.5%10.0%
  1.3%2.5%
  7.2%11.0%
  4.7%4.8%
  2.1%0.8%
  1.4%1.9%
  6.3%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  1.8%4.2%
  4.7%9.3%
  11.1%14.0%
  0.4%2.1%
  4.5%7.0%
  6.3%4.8%
  17.2%4.7%
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