Clio, MI Economy


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Clio, MI is a beautiful city located near the Flint River and offers a variety of activities for residents and visitors alike. For those looking to rent, the average two bedroom rental in Clio is only $800 per month compared to the US average of $1,430. Grocery cost index in Clio is also lower than the national average at 93 versus 100 in the US.
Famous local companies include HANSA-TMP USA Inc., which specializes in high pressure technology products and services, and TAC Manufacturing Solutions, an industrial automation solutions provider. As for attractions, Clio has nature parks like the Clio City Park where one can enjoy walking trails and picnic areas. There are also restaurants such as Primo's Italian Cuisine and CJ's Pub & Grill that serve delicious dishes from all around the world. For shopping needs, there are retailers like Meijer and Walmart Supercenter that offer amazing deals on all sorts of items. Finally, if you're looking for a night out on the town then head to The Barrel Lounge for music and drinks.

Clio has an unemployment rate of 7.1%. The US average is 6.0%.

Clio has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Clio
- The Sales Tax Rate for Clio is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clio 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 Clio
- The average income of a Clio resident is $25,677 a year. The US average is $37,638 a year.
- The Median household income of a Clio resident is $34,838 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClio, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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