Escanaba township, MI is a great place to live due to its affordability. The average 2 Bedroom rent is $810 which is far lower than the US average of $1,430. In addition, food costs are also much lower here with a Grocery Cost Index of 90 compared to 100 in the US. Local companies that call this township home include C. Reiss Coal Company, Escanaba Beverage Distributors Inc., and Landmark Automation & Controls Inc.. C. Reiss Coal Company mines and sells coal for power plants while Escanaba Beverage Distributors Inc. offers a selection of beers, wines, and spirits to establishments in the area. Last but not least, Landmark Automation & Controls Inc. provides industrial automation and control services for businesses in the region.
Escanaba township has an unemployment rate of 6.4%. The US average is 6.0%.
Escanaba township has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Escanaba township
- The Sales Tax Rate for Escanaba township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Escanaba 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 Escanaba township
- The average income of a Escanaba township resident is $40,138 a year. The US average is $37,638 a year.
- The Median household income of a Escanaba township resident is $64,375 a year. The US average is $69,021 a year.