Casnovia Township, MI is a great place to live with an affordable cost of living. The average 2 bedroom rent in Casnovia Township is only $1,040 compared to the US average of $1,430. The Grocery Cost Index in Casnovia Township is also much lower than the national average with 94 as compared to 100. There are many local businesses located in the area such as G & L Electric, M&M Plasterers and Stonemasons, and Eldredge Auto Repair, just to name a few. With its low cost of living and flourishing business community, Casnovia Township provides residents with a great place to make their home.
Casnovia township has an unemployment rate of 7.5%. The US average is 6.0%.
Casnovia township 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Casnovia township
- The Sales Tax Rate for Casnovia township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Casnovia 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 Casnovia township
- The average income of a Casnovia township resident is $21,540 a year. The US average is $28,555 a year.
- The Median household income of a Casnovia township resident is $74,315 a year. The US average is $69,021 a year.