Tecumseh township, MI is an ideal town for those looking to save money. Despite slightly below average 2 bedroom rental costs of $890 compared to the US average of $1430, the relatively low cost of living maintains a competitive edge. The Grocery Cost Index in Tecumseh township is 94 versus 100 in the US which makes it an even more attractive location to live. This small town offers local amenities such as Johnson’s Corner Market and Arby’s, as well as plenty of parks and outdoor spaces for recreation. With its affordable housing and overall lower cost of living, it is no wonder why so many people are considering Tecumseh township for their next home.
Tecumseh township has an unemployment rate of 5.5%. The US average is 6.0%.
Tecumseh township has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Tecumseh township
- The Sales Tax Rate for Tecumseh township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tecumseh 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 Tecumseh township
- The average income of a Tecumseh township resident is $35,284 a year. The US average is $28,555 a year.
- The Median household income of a Tecumseh township resident is $87,308 a year. The US average is $69,021 a year.