Armada Township, MI is a small community located in southeastern Michigan near Detroit. It is home to around 4,000 people and features a rural atmosphere with plenty of outdoor amenities such as lakes, rivers, and parks. Rent for two-bedroom apartments is about $1,080 per month which is significantly lower than the national average of $1,430. Food costs are also relatively lower compared to other places in the US since the grocery cost index here is 98 versus 100 in the US. The town features several local business establishments like Armada Grocery Store, Armada Pizza Parlor, and Armada Library. These family-owned businesses provide residents with easy access to everyday items while maintaining a friendly atmosphere that makes locals feel at home. Despite its small size compared to other cities across America, Armada Township provides its citizens an enjoyable lifestyle without all the hustle and bustle of urban living.
Armada township has an unemployment rate of 4.3%. The US average is 6.0%.
Armada township has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Armada township
- The Sales Tax Rate for Armada township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Armada 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 Armada township
- The average income of a Armada township resident is $37,775 a year. The US average is $37,638 a year.
- The Median household income of a Armada township resident is $91,122 a year. The US average is $69,021 a year.