Westphalia township, MI Economy


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Westphalia township, MI is a great place to live for those looking for an affordable yet comfortable home. The average 2 bedroom rent in Westphalia township is only $900 a month, which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Westphalia township is 96 versus 100 in the US. This lower cost of living makes Westphalia township an attractive destination for many people.
Local companies and attractions are abundant in Westphalia township. One of the most well-known businesses operating here is Solid Rock Construction, which specializes in construction projects such as residential homes and commercial buildings. There are also several popular attractions like Wildwood Rotary Park, which features outdoor activities such as camping and fishing as well as several nature trails. Furthermore, there are also many retail stores scattered throughout the town such as Walmart and Target.

Westphalia township has an unemployment rate of 4.3%. The US average is 6.0%.

Westphalia township has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Westphalia township
- The Sales Tax Rate for Westphalia township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westphalia 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 Westphalia township
- The average income of a Westphalia township resident is $25,511 a year. The US average is $28,555 a year.
- The Median household income of a Westphalia township resident is $93,239 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestphalia township, MichiganUnited States
  4.36
  -6.6%-6.2%
  33.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,370$37,638
  $93,239$69,021
  $101,146$85,028
  Population by Occupation
  4.6%1.2%
  0.2%0.5%
  10.3%6.8%
  11.5%10.0%
  0.9%2.5%
  4.6%11.0%
  1.2%4.8%
  0.8%0.8%
  0.8%1.9%
  10.3%4.7%
  0.5%1.9%
  2.1%7.6%
  0.0%0.1%
  1.4%4.2%
  12.2%9.3%
  11.4%14.0%
  0.0%2.1%
  2.1%7.0%
  3.7%4.8%
  21.4%4.7%
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