Marshall Township, MI is a great place to live due to its attractive cost of living. The 2 bedroom rent in Marshall Township is only $950 compared to $1,430 in the US. The Grocery Cost Index in the township is 94 versus 100 in the US. Marshall Township also has some excellent local companies such as Marshall Hose Company No. 1, Marshall Industrial Supply, and C & J Supply Co. As far as population goes, there are currently no exact numbers available but according to estimates it’s estimated that around 5,000 people live in the area. All things considered, it’s easy to see why so many people choose to call Marshall Township home.
Marshall township has an unemployment rate of 6.4%. The US average is 6.0%.
Marshall township has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Marshall township
- The Sales Tax Rate for Marshall township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marshall 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 Marshall township
- The average income of a Marshall township resident is $36,018 a year. The US average is $28,555 a year.
- The Median household income of a Marshall township resident is $88,602 a year. The US average is $69,021 a year.