Goodwell, Michigan 

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United States / Michigan / No Metro Area / Newaygo County / Goodwell / Zip Codes
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Economy in Goodwell, Michigan

Goodwell has an unemployment rate of 5.1%. The US average is 3.7%.

Goodwell has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Goodwell
- The Sales Tax Rate for Goodwell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goodwell 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 Goodwell
- The average income of a Goodwell resident is $20,891 a year. The US average is $28,555 a year.
- The Median household income of a Goodwell resident is $47,344 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYGoodwell, MichiganUnited States
  5.1%3.7%
  0.9%1.6%
  29.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,074$31,177
  $49,844$57,652
  $57,500$70,850
  POPULATION BY OCCUPATION
  4.7%1.3%
  0.0%0.6%
  8.7%6.2%
  19.6%10.4%
  0.7%2.7%
  18.2%11.6%
  3.3%4.1%
  0.0%0.9%
  0.7%2.1%
  2.5%4.7%
Real estate, rental, leasing0.0%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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