Walker township, MI is a great place to live and work due to its low cost of living. The average two bedroom rent in Walker township is only $850 per month, whereas the national average is $1,430. In addition, the Grocery Cost Index for Walker township is 90 versus 100 in the US. This means that groceries are much more affordable in this area than elsewhere in the country.
Walker township has many local companies that offer excellent job opportunities to locals. These businesses include Eagle Energy Solutions, a provider of energy solutions; Greenleaf Paper Mill, a paper mill which manufactures specialty papers; K&J Foundry Supplies, which provides quality foundry supplies; and National Foods Group Inc., a food production company.
Overall, Walker township offers its inhabitants great value when it comes to cost of living compared to other places across the US. With affordable housing and grocery options as well as plentiful job opportunities offered by local companies, it's no surprise why so many people choose to call it home!
Walker township (Cheboygan County) has an unemployment rate of 13.1%. The US average is 6.0%.
Walker township (Cheboygan County) has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Walker township (Cheboygan County)
- The Sales Tax Rate for Walker township (Cheboygan County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Walker township (Cheboygan 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 Walker township (Cheboygan County)
- The average income of a Walker township (Cheboygan County) resident is $23,935 a year. The US average is $37,638 a year.
- The Median household income of a Walker township (Cheboygan County) resident is $75,469 a year. The US average is $69,021 a year.