Georgetown charter, MI Economy


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Georgetown charter township, MI is a wonderful place to live. It has an affordable two-bedroom rent of $1,150, making it much lower than the national average of $1,430. The cost of groceries is also significantly lower in Georgetown charter township compared to the US average with a grocery cost index of 97 versus 100 in the US. Local companies include Blodgett Hospital, Georgetown Veterinary Services and Grand Rapids Brewing Company. There are also many attractions worth visiting such as the Millennium Park, Meijer Garden & Sculpture Park and Frederik Meijer Gardens. With its affordability and abundance of attractions, Georgetown charter township is an ideal place to live.

Georgetown charter has an unemployment rate of 2.9%. The US average is 6.0%.

Georgetown charter has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Georgetown charter
- The Sales Tax Rate for Georgetown charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Georgetown 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 Georgetown charter
- The average income of a Georgetown charter resident is $36,232 a year. The US average is $37,638 a year.
- The Median household income of a Georgetown charter resident is $85,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGeorgetown charter, 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%
Reviews for Georgetown charter
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Over 15 years ago

Georgetown Township is a good place to affordably raise a family within a very good school system and affordable housing. This is a bedroom community of Grand  More

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