Chippewa township (Isabella County), MI Economy


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United States / Michigan / Mount Pleasant Metro Area / Isabella County / Chippewa township (Isabella County) / Zip Codes
Chippewa Township (Isabella Cnty) in Michigan is located to the south-east of Michigan and is known for its natural beauty. People often come here to explore its local parks, mountains, and rivers. The rent for two bedroom apartments is $910 which makes it cheaper than the US average 2 bedroom rent which is $1430. Grocery costs are also lower with a Grocery Cost Index of 93 versus 100 in the US. There are many popular companies and businesses located in Chippewa Township such as H&S Precision Machine, Bellco Glass Company and Isabella Bank Corporation. Additionally, there are many restaurants and cafes that serve delicious local cuisine. It's a great place to live due to its low cost of living and beautiful scenery.

Chippewa township (Isabella County) has an unemployment rate of 5.5%. The US average is 6.0%.

Chippewa township (Isabella County) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Chippewa township (Isabella County)
- The Sales Tax Rate for Chippewa township (Isabella County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chippewa township (Isabella 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 Chippewa township (Isabella County)
- The average income of a Chippewa township (Isabella County) resident is $33,093 a year. The US average is $37,638 a year.
- The Median household income of a Chippewa township (Isabella County) resident is $52,424 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChippewa township (Isabella County), MichiganUnited States
  5.56
  -9.2%-6.2%
  26.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,093$37,638
  $52,424$69,021
  $64,250$85,028
  Population by Occupation
  0.2%1.2%
  1.8%0.5%
  10.0%6.8%
  13.9%10.0%
  1.7%2.5%
  8.6%11.0%
  3.9%4.8%
  0.7%0.8%
  0.0%1.9%
  3.2%4.7%
  0.5%1.9%
  0.5%7.6%
  0.0%0.1%
  1.5%4.2%
  10.1%9.3%
  18.0%14.0%
  9.1%2.1%
  6.0%7.0%
  3.6%4.8%
  6.8%4.7%
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