Charlevoix township, MI Economy


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United States / Michigan / No Metro Area / Charlevoix County / Charlevoix township / Zip Codes
Charlevoix township, MI is a great place to live with reasonable rents and cost of living. The average 2 bedroom rent in Charlevoix township is $900, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Charlevoix township is 95 compared to the US average of 100. This shows that groceries are cheaper in Charlevoix township than many other places in the US.
Charlevoix township also has many local businesses and amenities. For example, there are plenty of restaurants such as Main Street Cafe and La Senorita Mexican Restaurant, as well as beauty salons like Shear Magic Salon & Spa. It also has several recreational spots such as Castle Farms and North Beach Park for locals to enjoy. There is something for everyone in Charlevoix township!

Charlevoix township has an unemployment rate of 6.7%. The US average is 6.0%.

Charlevoix 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 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Charlevoix township
- The Sales Tax Rate for Charlevoix township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlevoix 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 Charlevoix township
- The average income of a Charlevoix township resident is $27,328 a year. The US average is $28,555 a year.
- The Median household income of a Charlevoix township resident is $70,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlevoix township, MichiganUnited States
  6.76
  -7.4%-6.2%
  25.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $38,865$37,638
  $70,750$69,021
  $83,869$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.0%6.8%
  17.7%10.0%
  0.0%2.5%
  8.8%11.0%
  1.8%4.8%
  2.4%0.8%
  0.5%1.9%
  1.8%4.7%
  1.3%1.9%
  5.3%7.6%
  0.0%0.1%
  3.9%4.2%
  7.6%9.3%
  21.6%14.0%
  3.6%2.1%
  13.0%7.0%
  4.3%4.8%
  2.3%4.7%
Reviews for Charlevoix township
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Over 16 years ago

Happy to be here, very cold, very lovely  More

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