Larkin charter township, Michigan 

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Economy in Larkin charter township, Michigan

Larkin charter township has an unemployment rate of 4.2%. The US average is 3.9%.

Larkin charter township has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Larkin charter township
- The Sales Tax Rate for Larkin charter township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Larkin charter 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 Larkin charter township
- The average income of a Larkin charter township resident is $49,333 a year. The US average is $28,555 a year.
- The Median household income of a Larkin charter township resident is $105,536 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYLarkin charter township, MichiganUnited States
  4.5%3.7%
  0.0%1.6%
  19.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $56,865$31,177
  $95,781$57,652
  $116,804$70,850
  POPULATION BY OCCUPATION
  0.7%1.3%
  0.0%0.6%
  6.7%6.2%
  29.9%10.4%
  1.2%2.7%
  6.4%11.6%
  4.5%4.1%
  1.2%0.9%
  0.8%2.1%
  2.2%4.7%
  0.5%1.9%
  6.4%6.7%
  0.0%0.1%
  2.7%4.3%
  7.2%9.3%
  14.0%13.8%
  3.1%2.2%
  1.4%7.4%
  6.4%4.9%
  4.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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