Cottrellville, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Cottrellville, MI is a small town in the Great Lakes region that offers a peaceful and affordable living environment for both families and individuals. The average two bedroom rent in Cottrellville is $1,050 per month, which is significantly lower than the US average of $1,430. Additionally, grocery costs are about 93 compared to the national index of 100. Some local companies in Cottrellville include DMC Health Care Services, J & M Automotive Repair and Body Shop, DuFour Floral Designers, and Anderson's Discount Plumbing Supply.

Cottrellville has an unemployment rate of 4.5%. The US average is 6.0%.

Cottrellville has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Cottrellville
- The Sales Tax Rate for Cottrellville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cottrellville 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 Cottrellville
- The average income of a Cottrellville resident is $23,810 a year. The US average is $28,555 a year.
- The Median household income of a Cottrellville resident is $66,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCottrellville, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,515$37,638
  $66,227$69,021
  $73,780$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  15.2%6.8%
  22.6%10.0%
  3.1%2.5%
  11.8%11.0%
  8.9%4.8%
  1.9%0.8%
  6.1%1.9%
  1.0%4.7%
  1.1%1.9%
  2.2%7.6%
  0.0%0.1%
  3.6%4.2%
  4.0%9.3%
  7.7%14.0%
  0.0%2.1%
  3.0%7.0%
  4.4%4.8%
  3.6%4.7%
Health
Compare Cottrellville, MI
cost of living
Compare food, housing, utilities, and more in Cottrellville, Michigan to any other city in the US.