Howell township, MI Economy


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Howell township, MI is a great place to live with plenty of local amenities and close proximity to Detroit. The cost of living is much lower than the US average, with 2 bedroom rent at $1,380 compared to $1,430 in the US and a Grocery Cost Index of 99 compared to 100 in the US. There are plenty of businesses located in Howell township including Big Boy Restaurant, Phoenix Theatres Howell 7, Target and Lowe's. Residents can enjoy outdoor activities such as hiking trails at Brighton State Recreation Area or take their pick from several golf courses. Shopping options include Tanger Outlets and Grand River Grove Shopping Center. With its variety of attractions and lower cost of living, Howell township is a great place to call home!

Howell township has an unemployment rate of 3.3%. The US average is 6.0%.

Howell township has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Howell township
- The Sales Tax Rate for Howell township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Howell township 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 Howell township
- The average income of a Howell township resident is $34,704 a year. The US average is $37,638 a year.
- The Median household income of a Howell township resident is $77,422 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHowell township, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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