Grant township (Oceana County), MI Economy


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United States / Michigan / No Metro Area / Oceana County / Grant township (Oceana County) / Zip Codes
Grant Township (Oceana Cnty), MI, is a great place to live on a budget! Rent for a two-bedroom unit in Grant Township is substantially lower than the US average at $850 versus $1,430. Grocery prices are also lower than the national average with a grocery cost index of 92 versus 100 in the US. This makes it affordable to live and work here. In addition to low housing and food costs, Grant Township has several thriving local businesses like Fricke's Automotive Repair, Chappell Garage Door Services, Natures Remedy Garden Center, and Bittersweet Brewing Company. These businesses add to the vibrancy of the community and provide employment opportunities for locals.

Grant township (Oceana County) has an unemployment rate of 8.0%. The US average is 6.0%.

Grant township (Oceana County) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Grant township (Oceana County)
- The Sales Tax Rate for Grant township (Oceana County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grant township (Oceana 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 Grant township (Oceana County)
- The average income of a Grant township (Oceana County) resident is $21,225 a year. The US average is $37,638 a year.
- The Median household income of a Grant township (Oceana County) resident is $49,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrant township (Oceana County), MichiganUnited States
  86
  -5.1%-6.2%
  22.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $21,225$37,638
  $49,545$69,021
  $55,517$85,028
  Population by Occupation
  8.9%1.2%
  0.0%0.5%
  4.1%6.8%
  32.3%10.0%
  0.6%2.5%
  8.0%11.0%
  4.1%4.8%
  0.0%0.8%
  0.2%1.9%
  1.9%4.7%
  0.4%1.9%
  1.2%7.6%
  0.0%0.1%
  1.8%4.2%
  11.1%9.3%
  7.8%14.0%
  2.0%2.1%
  9.7%7.0%
  3.1%4.8%
  2.9%4.7%
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