Cedar Township is located in Michigan and is a great area to live. It is known for its low cost of living, with the average two bedroom rent estimated at $830 versus the national average of $1,430. Not only does Cedar Township offer an affordable lifestyle, but the Grocery Cost Index (GCR) in Cedar Township is 90 while the US GCR index is 100.
Cedar Township provides locals with plenty of activities and places to visit. Some notable local companies include the Cedar Creek Golf Course, which offers guests a challenging 18-hole course and beautiful views of the surrounding landscape. There’s also The Big Lake Nature Park and trails that are perfect for exploring the outdoors.
An interesting fact about Cedar Township is that it has been around since 1855 when it was first established as a township in Saginaw County. Even today, many of its original founding families still have descendants who live in the area.
Cedar township (Osceola County) has an unemployment rate of 5.8%. The US average is 6.0%.
Cedar township (Osceola County) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Cedar township (Osceola County)
- The Sales Tax Rate for Cedar township (Osceola County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar township (Osceola County) 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 Cedar township (Osceola County)
- The average income of a Cedar township (Osceola County) resident is $29,122 a year. The US average is $37,638 a year.
- The Median household income of a Cedar township (Osceola County) resident is $57,500 a year. The US average is $69,021 a year.