Cambria township, MI Economy


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Cambria, MI is a small town located in the United States with a population of around 1000 people. It is an attractive place to live, especially for those looking for affordable housing. The two-bedroom rent in Cambria is significantly lower than the US average at only $830 versus $1,430. This cost savings can be extended to everyday grocery shopping as well since Cambria has a grocery cost index of 93 versus 100 in the US. There are many local businesses that add to the charm of Cambria such as The Library Coffee House, Bright Bike Shop, and Taylor Automotive & Tire. These businesses provide employment opportunities and help build a vibrant sense of community. With its affordable housing and local business scene, Cambria is an attractive place to call home.

Cambria township has an unemployment rate of 5.4%. The US average is 6.0%.

Cambria township has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Cambria township
- The Sales Tax Rate for Cambria township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cambria 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 Cambria township
- The average income of a Cambria township resident is $30,915 a year. The US average is $37,638 a year.
- The Median household income of a Cambria township resident is $61,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCambria township, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $30,915$37,638
  $61,964$69,021
  $73,242$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  3.1%6.8%
  34.3%10.0%
  2.0%2.5%
  11.3%11.0%
  2.9%4.8%
  0.0%0.8%
  1.6%1.9%
  1.7%4.7%
  0.5%1.9%
  2.5%7.6%
  0.0%0.1%
  4.3%4.2%
  12.9%9.3%
  9.8%14.0%
  0.0%2.1%
  6.2%7.0%
  3.5%4.8%
  2.0%4.7%
Health
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