Richmond Township (Macomb County), MI is an excellent place for young families to live. 2 bedroom rent in the area is quite affordable at $990 per month compared to the national average of $1,430. Grocery costs are also favorably priced with an index of 97 versus 100 nationally. Residents can find employment opportunities within Macomb County from a variety of companies like the Ford Motor Company, General Dynamics Land Systems, Macomb Community College, and The Dow Chemical Company. These companies offer a variety of jobs such as engineering positions, teachers and professors, manufacturing positions, warehouse workers and more.
Richmond township has an unemployment rate of 4.3%. The US average is 6.0%.
Richmond township 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 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Richmond township
- The Sales Tax Rate for Richmond township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richmond township 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 Richmond township
- The average income of a Richmond township resident is $38,375 a year. The US average is $37,638 a year.
- The Median household income of a Richmond township resident is $96,723 a year. The US average is $69,021 a year.