Beaverton township, MI Economy


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United States / Michigan / No Metro Area / Gladwin County / Beaverton township / Zip Codes
Beaverton Township, MI is a great place to live and work. The overall cost of living is very affordable, with the 2 bedroom rent costing only $830 versus the US average of $1,430. Additionally, the grocery cost index is 91 compared to the US average of 100. This makes Beaverton Township an ideal location for anyone looking to save money on their living expenses. \nBeaverton Township also boasts a variety of local companies and attractions. For entertainment, there's the Beaver Creek Nature Center for outdoor exploration, as well as several local restaurants such as The Country Grillhouse and Antonia's Italian Kitchen to enjoy a night out with friends or family. Other notable businesses in Beaverton Township include Beaver Auto Parts & Supply and JT Construction & Masonry. With plenty of opportunities for relaxation and fun, it's no wonder that Beaverton Township is becoming increasingly popular as an affordable place to call home.

Beaverton township has an unemployment rate of 7.5%. The US average is 6.0%.

Beaverton township has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Beaverton township
- The Sales Tax Rate for Beaverton township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beaverton 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 Beaverton township
- The average income of a Beaverton township resident is $20,156 a year. The US average is $28,555 a year.
- The Median household income of a Beaverton township resident is $53,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaverton township, MichiganUnited States
  7.56
  -4.7%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,887$37,638
  $53,125$69,021
  $70,833$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  10.9%6.8%
  30.8%10.0%
  2.0%2.5%
  6.6%11.0%
  6.3%4.8%
  0.9%0.8%
  2.0%1.9%
  1.0%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  1.9%4.2%
  6.9%9.3%
  16.1%14.0%
  1.3%2.1%
  3.3%7.0%
  2.2%4.8%
  2.8%4.7%
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