Howard City, MI Economy


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Howard City, MI is a small city with many great amenities for its citizens. The cost of living in Howard City is quite affordable, with 2 bedroom rent being $1,040 compared to the US average of $1,430. Additionally, the grocery cost index in Howard City is 93 versus 100 in the US. For those looking to take advantage of these low costs and excellent amenities, Howard City is worth considering. Businesses located there include the Green Seed Records music store, Thompson Hardware & Sporting goods, and Bite My Biscuit bakery. There are also a number of parks and recreational centers for visitors and residents to enjoy. With its charming atmosphere and affordability, Howard City is an excellent place to live or visit.

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

Howard City 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 Howard City
- The Sales Tax Rate for Howard City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Howard City 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 Howard City
- The average income of a Howard City resident is $17,208 a year. The US average is $28,555 a year.
- The Median household income of a Howard City resident is $48,672 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoward City, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $21,152$37,638
  $48,672$69,021
  $52,574$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.7%6.8%
  35.0%10.0%
  2.4%2.5%
  10.5%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.8%4.7%
  0.5%1.9%
  1.1%7.6%
  0.0%0.1%
  3.5%4.2%
  3.1%9.3%
  14.1%14.0%
  0.0%2.1%
  5.7%7.0%
  3.1%4.8%
  1.3%4.7%
Reviews for Howard City
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Howell, Michigan is a wonderful place to live. With lots of beautiful lakes to enjoy canoeing, fishing, boating, and swimming as well as hiking and biking trails there's  More

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