Twining, MI Economy


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United States / Michigan / No Metro Area / Arenac County / Twining / Zip Codes
Twining, MI is a small town located in Michigan. It is known for its close-knit community and abundance of local businesses. Those looking to rent in Twining should be happy to know that the 2 bedroom rent is only $810, which is much lower than the national average of $1,430. Likewise, the grocery cost index in Twining is 90 compared to 100 in the US. \nLocal businesses include Twining Hardware, Bells Bar & Grill, and Little Bear Mini Mart. All three offer great products and services that are tailored to fit the needs of those living in Twining. In addition, they are all important parts of the Twining community and contribute to its continued growth.

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

Twining 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 Twining
- The Sales Tax Rate for Twining is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Twining 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 Twining
- The average income of a Twining resident is $13,444 a year. The US average is $28,555 a year.
- The Median household income of a Twining resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTwining, MichiganUnited States
  9.36
  -7.6%-6.2%
  17.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $17,359$37,638
  $51,250$69,021
  $53,125$85,028
  Population by Occupation
  14.1%1.2%
  0.0%0.5%
  6.4%6.8%
  28.2%10.0%
  1.3%2.5%
  9.0%11.0%
  9.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.3%4.7%
  6.4%1.9%
  3.8%7.6%
  0.0%0.1%
  1.3%4.2%
  0.0%9.3%
  6.4%14.0%
  2.6%2.1%
  0.0%7.0%
  7.7%4.8%
  2.6%4.7%
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