Argyle, MI Economy


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United States / Michigan / No Metro Area / Sanilac County / Argyle / Zip Codes
Argyle, MI is a small town located in the north-Central region of Michigan. With its small population, it offers residents a quieter lifestyle with easy access to larger cities nearby. Rent for two bedroom apartments in Argyle is significantly lower than the national average at $840 compared to $1,430. In addition to lower rent prices, the Grocery Cost Index is also lower at 93 versus 100 in the US.
The local economy consists of small businesses such as grocery stores, auto repair shops, and restaurants. The town also has several non-profit organizations like Argyle Lions Club and Argyle Community Center that work on developing community infrastructure projects. For outdoor activities there are parks and lakes nearby with hiking trails for residents to explore nature at its best. The National Shrine of the Little Flower Basilica is also close by showcasing beautiful church architecture from 1929.

Argyle has an unemployment rate of 6.4%. The US average is 6.0%.

Argyle has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Argyle
- The Sales Tax Rate for Argyle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Argyle 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 Argyle
- The average income of a Argyle resident is $25,037 a year. The US average is $28,555 a year.
- The Median household income of a Argyle resident is $51,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArgyle, MichiganUnited States
  6.46
  -5.5%-6.2%
  23.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,136$37,638
  $51,750$69,021
  $67,500$85,028
  Population by Occupation
  26.8%1.2%
  0.0%0.5%
  9.1%6.8%
  37.4%10.0%
  0.0%2.5%
  9.4%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  2.4%4.2%
  0.8%9.3%
  7.5%14.0%
  0.0%2.1%
  0.8%7.0%
  1.6%4.8%
  0.8%4.7%
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