Leavitt, MI Economy


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United States / Michigan / No Metro Area / Oceana County / Leavitt / Zip Codes
Leavitt, MI is a great place to live if you are looking for affordable housing and low grocery costs. The average two bedroom rent in Leavitt is $820, while the national average is $1,430. Additionally, the Grocery Cost Index in Leavitt is 90 versus 100 in the US. There are plenty of local businesses to explore, including First Bank of Leavitt and Rombach Farms Dairy Store. In terms of attractions and entertainment, Leavitt offers everything from a park with hiking trails to a museum filled with historical artifacts. With its low cost of living and abundance of activities, Leavitt makes for an ideal place to call home.

Leavitt has an unemployment rate of 8.0%. The US average is 6.0%.

Leavitt has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Leavitt
- The Sales Tax Rate for Leavitt is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leavitt 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 Leavitt
- The average income of a Leavitt resident is $15,728 a year. The US average is $28,555 a year.
- The Median household income of a Leavitt resident is $48,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeavitt, MichiganUnited States
  86
  -5.1%-6.2%
  22.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $17,986$37,638
  $48,056$69,021
  $50,000$85,028
  Population by Occupation
  11.8%1.2%
  0.0%0.5%
  6.6%6.8%
  29.7%10.0%
  0.6%2.5%
  16.1%11.0%
  4.6%4.8%
  1.2%0.8%
  2.0%1.9%
  1.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.5%4.2%
  5.8%9.3%
  11.2%14.0%
  0.6%2.1%
  2.0%7.0%
  1.7%4.8%
  1.2%4.7%
Health
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