Keene, MI Economy


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United States / Michigan / No Metro Area / Ionia County / Keene / Zip Codes
Keene, MI is a small town located in the state of Michigan. It is known for its affordability; two bedroom rent averages at $970 compared to the US average of $1,430. Additionally, grocery cost index in Keene is 95 versus 100 in the US. This makes it an ideal place for those seeking a more budget-friendly lifestyle. The town offers plenty of activities with popular local companies such as Erwin’s Orchard and Cider Mill, Michigan Wine Cellar, and Brighten Life Boutique. Keene also provides plenty of outdoor recreation such as hiking trails and fishing spots. All these features make Keene an inviting location that many locals enjoy living in.

Keene has an unemployment rate of 4.7%. The US average is 6.0%.

Keene has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Keene
- The Sales Tax Rate for Keene is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Keene 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 Keene
- The average income of a Keene resident is $24,520 a year. The US average is $28,555 a year.
- The Median household income of a Keene resident is $78,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeene, MichiganUnited States
  4.76
  -4.7%-6.2%
  32.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,073$37,638
  $78,281$69,021
  $77,917$85,028
  Population by Occupation
  8.7%1.2%
  0.0%0.5%
  9.2%6.8%
  26.6%10.0%
  2.6%2.5%
  8.0%11.0%
  3.4%4.8%
  0.0%0.8%
  1.5%1.9%
  4.2%4.7%
  1.9%1.9%
  6.5%7.6%
  0.5%0.1%
  3.4%4.2%
  4.0%9.3%
  8.3%14.0%
  0.0%2.1%
  4.2%7.0%
  4.6%4.8%
  2.4%4.7%
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