Davison, MI is a small town located in the Genesee County, with easy access to major cities like Detroit and Flint. It offers great cost-of-living for its citizens, with a two bedroom rent being just $1,020 compared to the US average of $1,430. The grocery cost index in Davison is 94 compared to 100 in the US. Companies based in Davison include T&S Custom Carpeting Inc., Smith Pharmacy, and Kells Apparel Inc. Other than these companies there is also plenty of shopping and entertainment centers such as Colonial Square Shopping Center and Davison Country Club both offering a diverse range of services. All in all, living in Davison is an affordable option for those looking to settle down near major cities without burning a hole through their pocket.
Davison has an unemployment rate of 7.1%. The US average is 6.0%.
Davison 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 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Davison
- The Sales Tax Rate for Davison is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Davison 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 Davison
- The average income of a Davison resident is $22,526 a year. The US average is $28,555 a year.
- The Median household income of a Davison resident is $48,390 a year. The US average is $69,021 a year.