Albion Township, MI is a small town located in Calhoun County. It’s known for its diverse culture, friendly locals, and affordable cost of living. Compared to the national average, 2 bedroom rent in Albion township is cheaper at $890 while the US average is $1,430. In addition, grocery costs are also lower with an index score of 91 compared to 100 nationally. Despite its small size, Albion township offers a range of services from medical centers to retail stores such as Meijer and Wal-Mart. Residents here enjoy a comfortable lifestyle with quality amenities at an affordable price.
Albion township has an unemployment rate of 6.4%. The US average is 6.0%.
Albion township has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Albion township
- The Sales Tax Rate for Albion township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albion 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 Albion township
- The average income of a Albion township resident is $28,538 a year. The US average is $37,638 a year.
- The Median household income of a Albion township resident is $60,139 a year. The US average is $69,021 a year.