Fulton, MI is a small city located in Mid-Michigan and has a population of about 1900. The cost of living is quite affordable with two bedroom rent being only $980 compared to the national average of $1,430. Additionally, the grocery cost index in Fulton is 91 which is lower than the national average of 100. There are many great local companies in Fulton such as Smith's Auto Repair and Hardware, Hillside Farm Market, and Creative Solutions Design Studio. These businesses provide valuable services to the citizens of Fulton and help contribute to its vibrant economy.
Fulton township (Gratiot County) has an unemployment rate of 5.6%. The US average is 6.0%.
Fulton township (Gratiot County) has seen the job market decrease by -4.5% 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 Fulton township (Gratiot County)
- The Sales Tax Rate for Fulton township (Gratiot County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fulton township (Gratiot 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 Fulton township (Gratiot County)
- The average income of a Fulton township (Gratiot County) resident is $35,267 a year. The US average is $37,638 a year.
- The Median household income of a Fulton township (Gratiot County) resident is $62,292 a year. The US average is $69,021 a year.