Adams township (Houghton Cnty), MI is a quaint area located in Michigan that offers a unique small-town charm. While rent may be higher than other areas of Michigan, it is still significantly lower than the average 2 Bedroom Rent in the United States which is $1,430. This makes living in Adams township an attractive option for many people. Grocery Cost Index in Adams township (Houghton Cnty) is also much lower than the US with 91 versus 100. Local companies include Houghton County Medical Care Facility, MI Technological University, Portage Health System, and Keweenaw Co-Op Credit Union, among others. The difference between rent and grocery cost in Adams township (Houghton Cnty), MI compared to the US shows that living in Adams township (Houghton Cnty), MI could be more affordable while still offering excellent amenities and services from its local businesses.
Adams township (Houghton County) has an unemployment rate of 5.4%. The US average is 6.0%.
Adams township (Houghton County) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Adams township (Houghton County)
- The Sales Tax Rate for Adams township (Houghton County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Adams township (Houghton 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 Adams township (Houghton County)
- The average income of a Adams township (Houghton County) resident is $23,612 a year. The US average is $37,638 a year.
- The Median household income of a Adams township (Houghton County) resident is $55,481 a year. The US average is $69,021 a year.