Grattan, MI Economy


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Grattan, MI is a small town located in Michigan's Grand Rapids metropolitan area. It offers residents a peaceful environment combined with easy access to bigger cities for entertainment and other amenities. Some of the notable companies in Grattan include Reeds Lake Veterinary Hospital, Whitecap Brewing Co., and Grattan Township Fire Department. Although rent is slightly lower than the national average, grocery costs are more expensive in comparison. However, these higher costs are offset by the overall affordability of living in Grattan, MI.

Grattan has an unemployment rate of 4.8%. The US average is 6.0%.

Grattan has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Grattan
- The Sales Tax Rate for Grattan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grattan 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 Grattan
- The average income of a Grattan resident is $34,218 a year. The US average is $28,555 a year.
- The Median household income of a Grattan resident is $103,705 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrattan, MichiganUnited States
  4.86
  -6.2%-6.2%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $49,483$37,638
  $103,705$69,021
  $111,293$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  13.8%6.8%
  16.6%10.0%
  2.1%2.5%
  10.3%11.0%
  10.3%4.8%
  0.0%0.8%
  0.5%1.9%
  0.9%4.7%
  2.7%1.9%
  8.2%7.6%
  0.0%0.1%
  10.8%4.2%
  7.5%9.3%
  8.9%14.0%
  0.0%2.1%
  2.0%7.0%
  4.0%4.8%
  0.5%4.7%
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