Grand Haven, MI Economy


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Grand Haven, MI is a great place to live with a cost of living that is lower than the US average. The average rent for a two bedroom apartment is $1,130 compared to $1,430 in the US and the cost of groceries has an index of 98 versus 100 in the US. The area has many local companies such as Grand Haven Boat Works and Loutit District Library both of which offer unique opportunities for employment and leisure activities. Grand Haven also offers a variety of recreational activities including parks, beaches and trails. There are plenty of amenities to enjoy when living in Grand Haven, making it a great place to call home.

Grand Haven has an unemployment rate of 4.3%. The US average is 6.0%.

Grand Haven has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Grand Haven
- The Sales Tax Rate for Grand Haven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Haven 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 Grand Haven
- The average income of a Grand Haven resident is $35,170 a year. The US average is $37,638 a year.
- The Median household income of a Grand Haven resident is $52,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Haven, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Grand Haven
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Grand Haven has a lot of growing up to do. It is polarized: Primarily white, republican, and strongly religious. This wouldn't be good or bad if they weren't intolerant.  More

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Over 7 years ago

I was born and raised in Grand Haven. There was never a dull moment. We had sand dunes, trees to climb, fishing, the beach, swimming in Lake Michigan, and great stores  More

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Over 16 years ago

There is a considerable amount more wind and precipitation in this lakeshore area, as opposed to being more inland. More snow, more rain, more wind, and cooler  More

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