Montrose Charter Township, MI is an excellent place to live and work. Located in Genesee County in the US state of Michigan, this vibrant community offers a variety of amenities such as excellent schools, local parks and recreation opportunities, shopping centers, and restaurants. The cost of living is relatively low compared to other parts of the US. For example, two-bedroom rent averages $900 per month versus $1,430 nationwide. Grocery costs are also below average with a grocery cost index of 92 compared to 100 nationally.
This area is home to several companies such as Montrose Ford Inc., Montrose Auto Group, Genesys Health System and many more. Residents can enjoy a variety of activities for all ages including YMCA activities for the younger generations and golf courses for adults. With its accessible location close to highways I-75/I-69/US 23, it is easy to explore nearby cities while taking advantage of all that Montrose Charter Township has to offer from wonderful outdoor spaces to great local businesses.
Montrose charter has an unemployment rate of 7.1%. The US average is 6.0%.
Montrose charter has seen the job market increase by 0.4% 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 Montrose charter
- The Sales Tax Rate for Montrose charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose 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 Montrose charter
- The average income of a Montrose charter resident is $20,564 a year. The US average is $28,555 a year.
- The Median household income of a Montrose charter resident is $64,035 a year. The US average is $69,021 a year.