Commerce Charter Township, MI is a great place to live. It is located in Oakland County and offers plenty of amenities to its residents. The area is home to many businesses, including Kroger, Meijer, Walgreens, CVS Pharmacy, and Staples. Rent for a two-bedroom apartment in Commerce Charter Township is $1,650 per month which is slightly higher than the U.S average of $1,430 per month for two bedrooms. Grocery costs are also relatively low with an index of 99 compared to the US index of 100 making it more affordable to buy groceries in this area. There are also plenty of other services available such as entertainment venues and restaurants that make living here enjoyable and convenient.
Commerce charter has an unemployment rate of 3.3%. The US average is 6.0%.
Commerce charter 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 39.7%, which is higher than the US average of 33.5%.
Tax Rates for Commerce charter
- The Sales Tax Rate for Commerce charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Commerce charter 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 Commerce charter
- The average income of a Commerce charter resident is $37,582 a year. The US average is $28,555 a year.
- The Median household income of a Commerce charter resident is $101,136 a year. The US average is $69,021 a year.