Greenville, MI Economy


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Greenville, MI is an excellent place to live due to the affordability of rent for two bedroom apartments at $1,020 compared to the US average of $1,430. The cost of groceries in Greenville is also below the US average index with 93 compared to 100. Additionally, Greenville provides plenty of business opportunities for those looking for employment. The city features many prominent local companies like Meijer Grocery Stores & Pharmacies, SpartanNash supermarket chain and popular restaurants such as Jimmy John's and Panera Bread. With a low cost of living, ample business opportunities and an abundance of amenities, Greenville is an attractive spot to live.

Greenville has an unemployment rate of 5.8%. The US average is 6.0%.

Greenville has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $17,948 a year. The US average is $28,555 a year.
- The Median household income of a Greenville resident is $43,348 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenville, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,555$37,638
  $43,348$69,021
  $53,871$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  7.0%6.8%
  21.1%10.0%
  3.9%2.5%
  16.0%11.0%
  2.5%4.8%
  0.0%0.8%
  2.4%1.9%
  3.0%4.7%
  0.7%1.9%
  2.5%7.6%
  0.0%0.1%
  4.4%4.2%
  5.3%9.3%
  13.4%14.0%
  1.3%2.1%
  9.6%7.0%
  3.2%4.8%
  3.1%4.7%
Reviews for Greenville
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Over 18 years ago

I lived in Greenville, Michigan for about 6 years. It is a good place for people who work in Grand Rapids to live. There is very little work in Greenville, though. There  More

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