Genesee charter township, MI is an excellent place to live with a vibrant local community. It has great economic opportunities, with companies such as McDonalds, Menards, and Meijer all based in the area. The cost of living here is quite affordable compared to elsewhere in the US; two bedroom rent costs $910 per month and the Grocery Cost Index is 88, compared to 100 nationwide. This makes Genessee charter township a great option for those looking for an affordable place to call home.
Genesee charter has an unemployment rate of 7.1%. The US average is 6.0%.
Genesee charter has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Genesee charter
- The Sales Tax Rate for Genesee charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee charter 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 Genesee charter
- The average income of a Genesee charter resident is $26,883 a year. The US average is $37,638 a year.
- The Median household income of a Genesee charter resident is $48,618 a year. The US average is $69,021 a year.