Springport township, MI is a great location for residents looking for an affordable cost of living. The average rent for a two bedroom home in Springport township is $1,100 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Springport township is 92 compared to 100 in the US. This makes it easier to stretch your budget and get more value out of your income.
In Springport township, MI there are many local businesses that make up the community such as Modern Woodmen Fraternal Financial, Endicott business solutions, and Home Instead Senior Care. These businesses provide employment opportunities for those living in this area. Residents can also enjoy a variety of activities such as bowling at Fairlanes Family Entertainment Center or golfing at Angel’s Crossing Golf Club. With its affordability and diverse lifestyle options, Springport township, MI has something for everyone!
Springport township has an unemployment rate of 5.9%. The US average is 6.0%.
Springport 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Springport township
- The Sales Tax Rate for Springport township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springport 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 Springport township
- The average income of a Springport township resident is $21,922 a year. The US average is $28,555 a year.
- The Median household income of a Springport township resident is $64,076 a year. The US average is $69,021 a year.