Capac, MI Economy


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Capac, MI is a small town in St. Clair County located about 50 miles from Detroit. It is known for its peaceful atmosphere and affordable living costs compared to larger cities. 2 bedroom rent in Capac is estimated at $1,030, which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index for Capac is 93 versus 100 in the US.
There are several local companies in Capac that make it a thriving community. Some popular places to work are Capac Floral Company, K&R Building Supply & Equipment Co., St Clair County Outdoor Power Equipment Store and Riverside Transport LLC. All these businesses have contributed to making Capac an attractive place to live thanks to its low cost of living and a strong sense of civic pride.

Capac has an unemployment rate of 4.5%. The US average is 6.0%.

Capac has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Capac
- The Sales Tax Rate for Capac is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Capac 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 Capac
- The average income of a Capac resident is $18,716 a year. The US average is $28,555 a year.
- The Median household income of a Capac resident is $43,884 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCapac, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $24,181$37,638
  $43,884$69,021
  $58,333$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  12.4%6.8%
  25.6%10.0%
  1.0%2.5%
  7.8%11.0%
  3.1%4.8%
  0.2%0.8%
  1.9%1.9%
  1.5%4.7%
  0.9%1.9%
  1.0%7.6%
  0.0%0.1%
  4.9%4.2%
  3.0%9.3%
  16.0%14.0%
  0.2%2.1%
  8.0%7.0%
  7.8%4.8%
  1.6%4.7%
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