Flowerfield, MI Economy


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Flowerfield, MI is a small town in Michigan with a population of about 10,000 people. It is a quiet town known for its strong sense of community and great family-friendly atmosphere. Rent for two bedroom apartments in Flowerfield is $930 which is significantly lower than the US average rent for two bedrooms which is $1,430. In addition to low rent costs, groceries are also relatively inexpensive with an index rate of 92 as compared to the US average of 100. Local companies include The Corner Store, Glaze Bakery and Deli, Flowerfield Diner, and Starz Carpets & Flooring. Living in Flowerfield is affordable when compared to other areas in the US and offers its residents an excellent quality of life.

Flowerfield has an unemployment rate of 4.9%. The US average is 6.0%.

Flowerfield has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Flowerfield
- The Sales Tax Rate for Flowerfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Flowerfield 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 Flowerfield
- The average income of a Flowerfield resident is $26,182 a year. The US average is $28,555 a year.
- The Median household income of a Flowerfield resident is $73,720 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlowerfield, MichiganUnited States
  4.96
  -2.3%-6.2%
  25.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,610$37,638
  $73,720$69,021
  $76,125$85,028
  Population by Occupation
  4.4%1.2%
  0.4%0.5%
  15.1%6.8%
  24.1%10.0%
  2.2%2.5%
  6.3%11.0%
  1.9%4.8%
  0.0%0.8%
  0.4%1.9%
  1.2%4.7%
  1.1%1.9%
  3.6%7.6%
  0.0%0.1%
  1.5%4.2%
  7.3%9.3%
  15.5%14.0%
  0.6%2.1%
  3.3%7.0%
  6.2%4.8%
  4.8%4.7%
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