Sparta township, MI Economy


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Sparta Township, MI is a small town located in Kent County, Michigan. It is known for its low prices and affordable living costs. With an average 2 bedroom rent of $1,010 compared to the national average of $1,430, Sparta Township is an attractive place to live for those on a budget. The grocery cost index in Sparta Township is 96 compared to 100 nationally – meaning that groceries are less expensive here than elsewhere. Local businesses in Sparta Township include stores such as Walmart, Meijer, Aldi and SpartanNash as well as restaurants ranging from fast food chains like McDonalds to local eateries such as Luigi’s Pizzeria & Restaurant or Anastasia's Restaurant & Bar. All in all, Sparta Township offers residents a great cost of living with plenty of amenities at their fingertips.

Sparta township has an unemployment rate of 4.8%. The US average is 6.0%.

Sparta township has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Sparta township
- The Sales Tax Rate for Sparta township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sparta 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 Sparta township
- The average income of a Sparta township resident is $22,533 a year. The US average is $28,555 a year.
- The Median household income of a Sparta township resident is $68,554 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySparta township, MichiganUnited States
  4.86
  -6.2%-6.2%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,269$37,638
  $68,554$69,021
  $77,853$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  6.9%6.8%
  25.7%10.0%
  3.0%2.5%
  10.6%11.0%
  5.3%4.8%
  3.2%0.8%
  1.6%1.9%
  5.9%4.7%
  0.6%1.9%
  4.8%7.6%
  0.2%0.1%
  2.5%4.2%
  5.1%9.3%
  10.1%14.0%
  0.9%2.1%
  6.8%7.0%
  3.5%4.8%
  0.9%4.7%
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