Cedar Springs, Michigan 

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Economy in Cedar Springs, Michigan

Cedar Springs has an unemployment rate of 3.9%. The US average is 3.7%.

Cedar Springs has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Cedar Springs
- The Sales Tax Rate for Cedar Springs is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Springs 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 Springs
- The average income of a Cedar Springs resident is $16,209 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Springs resident is $36,595 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYCedar Springs, MichiganUnited States
  3.9%3.7%
  2.0%1.6%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $18,716$31,177
  $44,781$57,652
  $51,890$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  5.4%6.2%
  26.7%10.4%
  4.6%2.7%
  14.7%11.6%
  3.8%4.1%
  0.0%0.9%
  0.0%2.1%
  2.2%4.7%
  2.4%1.9%
  2.7%6.7%
  0.0%0.1%
  4.7%4.3%
  7.0%9.3%
  9.9%13.8%
  1.3%2.2%
  6.5%7.4%
  6.1%4.9%
  2.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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