Charlotte, MI Economy


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Charlotte, MI is a vibrant small town located in Eaton County. This friendly community offers visitors and residents an array of attractions, services, and businesses. In Charlotte, the two-bedrooms rent is remarkably lower than the US average, with $970 compared to $1,430. The local grocery cost index stands at 94 versus 100 in the US.
Businesses in Charlotte include Klinger's Grocery & Marketplace, Country Market of Charlotte, Capital Area District Library and Eaton Rapids Medical Center. There are also plenty of things to do in this quaint city including the Potter Park Zoo, Impression 5 Science Center and Michigan Firehouse Museum. All these make it a great destination for families looking for a unique experience away from the hustle and bustle of everyday life.

Charlotte has an unemployment rate of 4.9%. The US average is 6.0%.

Charlotte has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlotte 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 Charlotte
- The average income of a Charlotte resident is $23,618 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte resident is $59,640 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte, MichiganUnited States
  4.96
  -6.9%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,166$37,638
  $59,640$69,021
  $70,565$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  4.1%6.8%
  25.0%10.0%
  3.5%2.5%
  10.2%11.0%
  3.4%4.8%
  0.8%0.8%
  0.3%1.9%
  5.3%4.7%
  1.4%1.9%
  5.0%7.6%
  0.1%0.1%
  3.6%4.2%
  5.2%9.3%
  10.1%14.0%
  0.2%2.1%
  10.4%7.0%
  5.4%4.8%
  5.6%4.7%
Reviews for Charlotte
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Over 4 years ago

I lived in the city for 20 years... it is a great place to live... about 30 minutes to the capital and also 30 minutes to battle Cree there are lots of small town shops  More

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Small town, small town mentality. This neck of the woods is not indicative of Michiganders at all. The people are not friendly or welcoming to outsiders. People here  More

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The police refuse to enforce the noise/nuisance ordinances and as a consequence if you happen to live next to an ignorant person with a dog that barks constantly there  More

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