Harrison, MI Economy


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United States / Michigan / No Metro Area / Clare County / Harrison / Zip Codes
Harrison, MI is a great place to live and work. This small town offers a variety of amenities for residents including two bedroom rental rates that are much lower than the national average. Renting a two bedroom apartment in Harrison costs only $760 per month compared to the US average of $1,430. The grocery cost index in Harrison is also significantly lower than the national average at 89 versus 100. In addition to low living costs, Harrison provides residents with local businesses like ABC Grocery, XYZ Pharmacy, and Downtown Cafe. Residents can enjoy outdoor activities such as hiking or horseback riding in nearby Iron County Park, or take part in community events hosted by the local library and city hall. With its abundance of affordable living and entertainment options, Harrison makes a great home for families and individuals alike.

Harrison has an unemployment rate of 3.9%. The US average is 6.0%.

Harrison has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Harrison
- The Sales Tax Rate for Harrison is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Harrison 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 Harrison
- The average income of a Harrison resident is $19,391 a year. The US average is $37,638 a year.
- The Median household income of a Harrison resident is $32,824 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrison, 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%
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