Maple Ridge township (Alpena County), MI Economy


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United States / Michigan / Alpena Metro Area / Alpena County / Maple Ridge township (Alpena County) / Zip Codes
Maple Ridge Township (Alpena County), MI is a great place to live. It offers affordable rent for two-bedroom apartments at $860 compared to the US average of $1,430, making it an attractive option for those on a budget. Additionally, the Grocery Cost Index in Maple Ridge Township is 90 versus 100 in the US, so residents are able to purchase groceries cheaper than most areas. The local business scene is also strong and includes companies such as Alpena Power Company, Alpena Credit Union, and Edward Jones Investments. With all that the township has to offer residents have been flocking to Maple Ridge Township for its low cost of living and abundance of local businesses.

Maple Ridge township (Alpena County) has an unemployment rate of 6.0%. The US average is 6.0%.

Maple Ridge township (Alpena County) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Maple Ridge township (Alpena County)
- The Sales Tax Rate for Maple Ridge township (Alpena County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Maple Ridge township (Alpena County) 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 Maple Ridge township (Alpena County)
- The average income of a Maple Ridge township (Alpena County) resident is $23,240 a year. The US average is $37,638 a year.
- The Median household income of a Maple Ridge township (Alpena County) resident is $47,829 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaple Ridge township (Alpena County), 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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