Clayton township, MI is a great place to live with its affordable cost of living. The average rent for a two bedroom home is $830 compared to the US average of $1,430, while the Grocery Cost Index in Clayton township is 90 compared to 100 in the US. The town is home to many local companies such as Big Sky Insurance Agency, Clarke Construction Solutions and Third Coast Wellness Center. Overall, Clayton township provides a wonderful quality of life for its residents at an affordable price.
Clayton township (Arenac County) has an unemployment rate of 9.3%. The US average is 6.0%.
Clayton township (Arenac County) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Clayton township (Arenac County)
- The Sales Tax Rate for Clayton township (Arenac County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clayton township (Arenac 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 Clayton township (Arenac County)
- The average income of a Clayton township (Arenac County) resident is $22,819 a year. The US average is $37,638 a year.
- The Median household income of a Clayton township (Arenac County) resident is $52,708 a year. The US average is $69,021 a year.