Antwerp, MI Economy


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Antwerp, MI is a small village in Van Buren County known for its community spirit. It offers a more laid-back lifestyle compared to other nearby cities, with plenty of opportunities to get involved in the community. As far as accommodation goes, 2 bedroom rent in Antwerp is much lower than the US average at $1,080 versus $1,430. Grocery costs are also relatively low here due to competition from local stores such as Fishers Supermarket and Driscolls Market. Overall, the cost of living in Antwerp is quite affordable compared to larger cities.

Antwerp has an unemployment rate of 6.6%. The US average is 6.0%.

Antwerp has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Antwerp
- The Sales Tax Rate for Antwerp is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Antwerp 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 Antwerp
- The average income of a Antwerp resident is $24,990 a year. The US average is $28,555 a year.
- The Median household income of a Antwerp resident is $82,949 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAntwerp, MichiganUnited States
  6.66
  -5.5%-6.2%
  25.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,758$37,638
  $82,949$69,021
  $93,138$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.6%6.8%
  21.4%10.0%
  3.2%2.5%
  11.8%11.0%
  2.5%4.8%
  1.2%0.8%
  0.8%1.9%
  5.0%4.7%
  1.8%1.9%
  4.7%7.6%
  0.5%0.1%
  2.8%4.2%
  7.7%9.3%
  16.2%14.0%
  1.3%2.1%
  6.3%7.0%
  4.6%4.8%
  2.2%4.7%
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