Meridian charter township, MI is a great place to live with many opportunities and amenities. It has a strong economy with many companies such as Sparrow Hospital, Auto-Owners Insurance, Meridian Mall Shopping Center, MSU Federal Credit Union, and Michigan State University. The cost of living is relatively low in the area with an average 2 bedroom rent for only $1,180 compared to the US average of $1,430. Additionally the Grocery Cost Index in Meridian charter township is 98 compared to the US average of 100. Living in Meridian charter township offers many benefits and amenities that make it an ideal place to call home.
Meridian charter has an unemployment rate of 3.4%. The US average is 6.0%.
Meridian charter has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Meridian charter
- The Sales Tax Rate for Meridian charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meridian 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 Meridian charter
- The average income of a Meridian charter resident is $38,321 a year. The US average is $28,555 a year.
- The Median household income of a Meridian charter resident is $76,103 a year. The US average is $69,021 a year.