Concord Township, MI is an attractive town located in Oakland County. It's known for its affordable 2 Bedroom rent at only $900 compared to the US average of $1,430. It also has a lower Grocery Cost Index than the US average, making it a great place to live for people on a budget. The town offers plenty of shopping opportunities, with stores such as Walmart and Target being popular with locals. In addition to these large chains, Concord Township also boasts many local companies that offer unique products and services. For example, Angie's Antiques & Collectibles is a family-owned store that has been open for over 20 years and offers vintage pieces from around the world. Other notable businesses include Kico’s Bar & Grill which serves up delicious Mexican cuisine, Amrochi’s Bakery which specializes in homemade pastries, and Veggie Planet Kitchen which provides vegan and vegetarian options. All in all, Concord Township is an ideal spot for those looking for good value without sacrificing quality or convenience.
Concord township has an unemployment rate of 5.9%. The US average is 6.0%.
Concord township 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Concord township
- The Sales Tax Rate for Concord township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Concord township 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 Concord township
- The average income of a Concord township resident is $23,798 a year. The US average is $28,555 a year.
- The Median household income of a Concord township resident is $59,393 a year. The US average is $69,021 a year.