Whitewater, MI Economy


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Whitewater, MI is a small town located in Michigan's lower peninsula. It is known for its friendly community and scenic views. In terms of housing, Whitewater offers a variety of options for those looking to rent or purchase a home. The average two bedroom rent price in Whitewater is $980 compared to the U.S. average of $1,430 making it an affordable option for many families. Additionally, the Grocery Cost Index in Whitewater is 98 compared to 100 in the U.S., further illustrating that living costs are relatively low.
The town features businesses such as Spectrum Health Lakeland Hospital, Stryker Corporation, and ITW Foamseal Incorporated which all contribute to the local economy by providing jobs and resources for citizens of Whitewater. With plenty of outdoor activities to enjoy such as hiking trails and fishing spots there is something for everyone in this charming small town. In summary, Whitewater provides residents with an affordable cost of living coupled with plenty of recreational activities and job opportunities allowing locals to experience a balanced lifestyle with ease.

Whitewater has an unemployment rate of 5.7%. The US average is 6.0%.

Whitewater has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Whitewater
- The Sales Tax Rate for Whitewater is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Whitewater 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 Whitewater
- The average income of a Whitewater resident is $34,775 a year. The US average is $28,555 a year.
- The Median household income of a Whitewater resident is $75,685 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhitewater, MichiganUnited States
  5.76
  -6.8%-6.2%
  34.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $35,916$37,638
  $75,685$69,021
  $93,713$85,028
  Population by Occupation
  2.6%1.2%
  0.2%0.5%
  13.8%6.8%
  10.3%10.0%
  3.2%2.5%
  14.3%11.0%
  1.5%4.8%
  1.9%0.8%
  0.9%1.9%
  1.2%4.7%
  4.5%1.9%
  4.5%7.6%
  0.0%0.1%
  5.3%4.2%
  6.6%9.3%
  14.5%14.0%
  2.2%2.1%
  5.3%7.0%
  5.3%4.8%
  1.9%4.7%
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