St. Joseph charter, MI Economy


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St. Joseph charter township, MI is an affordable place to live with its 2 bedroom rent averaging $990 a month compared to the US average of $1,430. It boasts a Grocery Cost Index rating of 94, making fresh produce and household items more budget-friendly than most areas in the country. The township is home to numerous businesses including Micro Control Corporation and Mitec Power Products among others. Residents enjoy entertainment options like movie theaters and bowling alleys, as well as outdoor activities such as golf courses and parks. With its inexpensive living costs and abundance of amenities, St. Joseph charter township makes for an ideal place to call home.

St. Joseph charter has an unemployment rate of 5.8%. The US average is 6.0%.

St. Joseph charter has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.

Tax Rates for St. Joseph charter
- The Sales Tax Rate for St. Joseph charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Joseph 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 St. Joseph charter
- The average income of a St. Joseph charter resident is $42,734 a year. The US average is $37,638 a year.
- The Median household income of a St. Joseph charter resident is $80,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Joseph charter, 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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