Secord, MI Economy


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United States / Michigan / No Metro Area / Gladwin County / Secord / Zip Codes
Secord, MI is an ideal place to live due to its low cost of living. The average rent for a two bedroom in Secord is $910, which is significantly lower than the national average of $1,430 for the same type of housing. Additionally, groceries tend to be cheaper in Secord as well; the grocery cost index is 91 compared to 100 nationally. \nLiving in Secord provides residents with access to a variety of businesses and attractions. Local companies include Bluestone Business Solutions and M&L Enterprises Inc., while popular attractions include Gettel Park Zoo, Ice Mountain Natural Spring Water Visitor Center, and Fourth of July Fireworks at Stronach Township Park.

Secord has an unemployment rate of 7.5%. The US average is 6.0%.

Secord has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Secord
- The Sales Tax Rate for Secord is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Secord 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 Secord
- The average income of a Secord resident is $26,214 a year. The US average is $28,555 a year.
- The Median household income of a Secord resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySecord, MichiganUnited States
  7.56
  -4.7%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $37,736$37,638
  $51,250$69,021
  $61,111$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.5%6.8%
  4.2%10.0%
  0.0%2.5%
  17.8%11.0%
  3.5%4.8%
  0.7%0.8%
  0.0%1.9%
  1.7%4.7%
  0.7%1.9%
  4.2%7.6%
  0.0%0.1%
  6.3%4.2%
  5.2%9.3%
  17.5%14.0%
  2.1%2.1%
  6.3%7.0%
  7.0%4.8%
  12.2%4.7%
Reviews for Secord
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Over 13 years ago

Not a very good group of people; they don't care about the people who own property in Secord Township; at least not me. Never responded to letters I wrote to every  More

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