Caledonia Township (Kent Cnty), MI is a great place to live and work. The cost of living in this small town in Michigan is lower than the national average, making it an affordable place to settle down. The two bedroom rent price is $1,420 compared to the US average of $1,430 while the grocery cost index is 99 compared to 100 in the US. In addition, several businesses make their home here such as Kentwood Manufacturing Company and Andel Corporation. These companies provide excellent job opportunities for local residents. Overall, Caledonia township (Kent Cnty), MI offers an excellent quality of life with an affordable cost of living.
Caledonia township has an unemployment rate of 4.8%. The US average is 6.0%.
Caledonia township has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Caledonia township
- The Sales Tax Rate for Caledonia township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caledonia 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 Caledonia township
- The average income of a Caledonia township resident is $41,958 a year. The US average is $37,638 a year.
- The Median household income of a Caledonia township resident is $95,417 a year. The US average is $69,021 a year.