Bloomingdale township, MI Economy


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Bloomingdale township, MI is a great place to live with its affordable cost of living. The average rent for a two-bedroom apartment in Bloomingdale is $870 per month, which is far less than the national average rent of $1,430 per month. Additionally, grocery costs are much lower in Bloomingdale than the rest of the country with an index of 93 compared to 100 nationally. Local businesses in Bloomingdale include G&C Supermarket, The Pincushion Boutique, and Jake's Automotive Repair. There are many other options for shopping and dining that make it easy to find something to fit all budgets. With its low cost of living and wide selection of businesses and services, it's no wonder why so many people choose to live in Bloomingdale township, MI.

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

Bloomingdale township 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 Bloomingdale township
- The Sales Tax Rate for Bloomingdale township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomingdale 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 Bloomingdale township
- The average income of a Bloomingdale township resident is $21,371 a year. The US average is $28,555 a year.
- The Median household income of a Bloomingdale township resident is $59,755 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloomingdale township, MichiganUnited States
  6.66
  -5.5%-6.2%
  25.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,578$37,638
  $59,755$69,021
  $75,383$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  10.2%6.8%
  31.7%10.0%
  1.4%2.5%
  6.5%11.0%
  1.5%4.8%
  0.2%0.8%
  1.1%1.9%
  1.1%4.7%
  3.0%1.9%
  2.6%7.6%
  0.0%0.1%
  2.2%4.2%
  6.9%9.3%
  12.2%14.0%
  4.2%2.1%
  2.2%7.0%
  4.1%4.8%
  4.3%4.7%
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