Standish, MI Economy


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United States / Michigan / No Metro Area / Arenac County / Standish / Zip Codes
Standish, MI is a small city located in the middle of Michigan’s Lower Peninsula. The cost of living here is significantly lower than the US average, with a 2 bedroom rent costing $750 compared to the national average of $1,430. The Grocery Cost Index in Standish is also below the US average at 90 versus 100 for the US. Standish is home to a variety of companies such as N-Tech Industries Inc., Unity Health Solutions, and American Road Logistics. As demonstrated by these rental and grocery price comparisons, Standish offers its residents a lower cost of living than most other cities across the United States.

Standish has an unemployment rate of 9.3%. The US average is 6.0%.

Standish has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Standish
- The Sales Tax Rate for Standish is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Standish 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 Standish
- The average income of a Standish resident is $15,462 a year. The US average is $28,555 a year.
- The Median household income of a Standish resident is $27,418 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStandish, MichiganUnited States
  9.36
  -7.6%-6.2%
  17.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,404$37,638
  $27,418$69,021
  $51,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  14.3%10.0%
  0.6%2.5%
  24.6%11.0%
  1.9%4.8%
  0.5%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  4.5%7.6%
  0.0%0.1%
  2.6%4.2%
  5.3%9.3%
  12.9%14.0%
  5.3%2.1%
  10.0%7.0%
  4.4%4.8%
  5.8%4.7%
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