Deerfield township (Mecosta County), MI Economy


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United States / Michigan / Big Rapids Metro Area / Mecosta County / Deerfield township (Mecosta County) / Zip Codes
Deerfield Township (Mecosta Cnty), MI is a great place to live and work. The cost of living is relatively low compared to the US, with 2 bedroom rent being $970 versus the US rate of $1,430. Grocery prices are also lower in Deerfield than in the US, with a grocery cost index of 92 compared to the US average of 100. In terms of business opportunities, local companies such as Accurate Heating & Air Conditioning, H&S Rental & Supply LLC, and Lakeview Property Services offer a variety of services in the area.

Deerfield township (Mecosta County) has an unemployment rate of 7.0%. The US average is 6.0%.

Deerfield township (Mecosta County) 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 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Deerfield township (Mecosta County)
- The Sales Tax Rate for Deerfield township (Mecosta County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Deerfield 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 Deerfield township (Mecosta County)
- The average income of a Deerfield township (Mecosta County) resident is $15,569 a year. The US average is $28,555 a year.
- The Median household income of a Deerfield township (Mecosta County) resident is $44,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeerfield township (Mecosta County), MichiganUnited States
  76
  -4.9%-6.2%
  21.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $20,309$37,638
  $44,813$69,021
  $54,773$85,028
  Population by Occupation
  8.7%1.2%
  0.4%0.5%
  13.3%6.8%
  18.5%10.0%
  0.4%2.5%
  8.6%11.0%
  8.0%4.8%
  0.6%0.8%
  0.0%1.9%
  1.1%4.7%
  1.1%1.9%
  1.5%7.6%
  0.8%0.1%
  5.8%4.2%
  8.1%9.3%
  9.7%14.0%
  1.8%2.1%
  7.0%7.0%
  3.8%4.8%
  0.7%4.7%
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