Conway, MI is a small town in Michigan near the Detroit metropolitan area. Residents of Conway enjoy affordable living costs with two bedroom rent prices averaging $980 compared to the US average of $1,430. The grocery cost index in Conway is also lower than the national average at 92 versus 100. The town has plenty of local businesses such as Mark's Grocery Store, Perry's Auto Repair, and B&B Restaurants. Residents of Conway are also lucky to be surrounded by larger cities like Detroit and Grand Rapids that offer plenty of entertainment and employment opportunities.
Conway CDP (Emmet County) has an unemployment rate of 7.5%. The US average is 6.0%.
Conway CDP (Emmet County) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Conway CDP (Emmet County)
- The Sales Tax Rate for Conway CDP (Emmet County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Conway CDP (Emmet 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 Conway CDP (Emmet County)
- The average income of a Conway CDP (Emmet County) resident is $24,607 a year. The US average is $37,638 a year.
- The Median household income of a Conway CDP (Emmet County) resident is $51,806 a year. The US average is $69,021 a year.