Colfax township (Mecosta Cnty), MI is a great place to live, work, and find entertainment. The cost of living is quite affordable, with 2 bedroom rent averaging $840 per month compared to the national average of $1,430. Grocery costs are also much lower in Colfax township than the US average index of 100; the index in Colfax township is 92. Local businesses include CountyLine service station offering gasoline, snacks and other convenience items; Huckleberry's General Store providing groceries and household supplies; Johnson Buick GMC offering new and used cars with service center; Izzo's auto repair for all automotive needs; as well as Mecosta Pharmacy providing health care needs. With so many options for shopping and services, there's something for everyone in Colfax township!
Colfax township (Mecosta County) has an unemployment rate of 7.0%. The US average is 6.0%.
Colfax township (Mecosta County) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Colfax township (Mecosta County)
- The Sales Tax Rate for Colfax township (Mecosta County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Colfax township (Mecosta 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 Colfax township (Mecosta County)
- The average income of a Colfax township (Mecosta County) resident is $32,539 a year. The US average is $37,638 a year.
- The Median household income of a Colfax township (Mecosta County) resident is $79,234 a year. The US average is $69,021 a year.