Garfield township (Mackinac County), MI Economy


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United States / Michigan / No Metro Area / Mackinac County / Garfield township (Mackinac County) / Zip Codes
Garfield Township (Mackinac Cnty), MI is an ideal place to live for those looking for a cost-effective option with plenty of amenities. With two bedroom rent at $830, significantly lower than the US average of $1,430, it is easy to see why this area is so attractive. Further savings can be made due to its low Grocery Cost Index of 92 compared to the national average of 100. Local companies such as Mackinac County Road Commission and Garfield Township Fire Department provide employment opportunities and ensure that the community functions effectively. The area has plenty of recreational activities on offer including outdoor watersports and camping sites which make it a great place to live for nature-lovers and those looking for a peaceful retreat away from the hustle and bustle of city life.

Garfield township (Mackinac County) has an unemployment rate of 16.2%. The US average is 6.0%.

Garfield township (Mackinac County) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Garfield township (Mackinac County)
- The Sales Tax Rate for Garfield township (Mackinac County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garfield township (Mackinac 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 Garfield township (Mackinac County)
- The average income of a Garfield township (Mackinac County) resident is $23,505 a year. The US average is $37,638 a year.
- The Median household income of a Garfield township (Mackinac County) resident is $44,837 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarfield township (Mackinac County), MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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