Grand Ledge, MI Economy


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Grand Ledge, MI is a small city located in Eaton County with great amenities for its residents. The cost of living is relatively low, with a two bedroom rent averaging at $1,040 compared to the average US two bedroom rent of $1,430. Grocery costs are also lower than the US average index at 96 versus 100. Local businesses include Consumers Energy, which provides energy to the area and Stahls Automotive Foundation which supports automotive research and development. There are many restaurants in Grand Ledge such as Little Bo’s Pub & Restaurant and AJ’s Café that serve up home-style favorites to satisfy any craving. As far as tourist attractions go, Grand Ledge has plenty to offer! From kayaking on the Grand River to exploring historic sites such as Fitzgerald Park or the Michigan School for the Deaf Museum there is no shortage of activities and sightseeing opportunities here.

Grand Ledge has an unemployment rate of 4.9%. The US average is 6.0%.

Grand Ledge has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Grand Ledge
- The Sales Tax Rate for Grand Ledge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Ledge 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 Grand Ledge
- The average income of a Grand Ledge resident is $27,623 a year. The US average is $28,555 a year.
- The Median household income of a Grand Ledge resident is $65,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Ledge, MichiganUnited States
  4.96
  -6.9%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $39,652$37,638
  $65,368$69,021
  $85,109$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  5.6%6.8%
  10.3%10.0%
  1.8%2.5%
  10.8%11.0%
  3.5%4.8%
  1.1%0.8%
  0.0%1.9%
  7.1%4.7%
  0.3%1.9%
  6.8%7.6%
  0.0%0.1%
  3.7%4.2%
  11.9%9.3%
  14.0%14.0%
  1.5%2.1%
  9.0%7.0%
  4.3%4.8%
  7.4%4.7%
Reviews for Grand Ledge
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Over 14 years ago

Grand Ledge is a typical small town. It is essentially a rural community.There are many farms. Grand Ledge has it's share of unpaved roads too. Over all, it is a  More

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