Holland township (Missaukee County), MI Economy


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United States / Michigan / Cadillac Metro Area / Missaukee County / Holland township (Missaukee County) / Zip Codes
Holland township, MI is a great place to live and work due to its low prices and cost of living. On average, 2 bedroom rent in Holland township is $880, which is much lower than the US average of $1,430. The Grocery Cost Index in Holland township is 90 compared to 100 in the US, making it an economical choice for groceries as well.
Local companies such as Meijer offer discounts on grocery items to Holland township residents. There are also many local businesses that provide services at a fraction of the usual cost such as Al's Auto Repair and M&M Plumbing, both of which offer competitive prices for their services. Additionally, there are several online stores that offer discounts on various items such as electronics and clothing with free shipping options across the country.

Holland township (Missaukee County) has an unemployment rate of 6.2%. The US average is 6.0%.

Holland township (Missaukee County) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Holland township (Missaukee County)
- The Sales Tax Rate for Holland township (Missaukee County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Holland township (Missaukee County) 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 Holland township (Missaukee County)
- The average income of a Holland township (Missaukee County) resident is $29,746 a year. The US average is $37,638 a year.
- The Median household income of a Holland township (Missaukee County) resident is $58,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolland township (Missaukee County), 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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