Mecosta township, MI Economy


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Mecosta township, MI is a small town with a population of 8,844 people. It is known for its affordability and provides two-bedroom apartments at $850 per month, which is much lower than the US average. Furthermore, Mecosta Township has a grocery cost index of 94 compared to 100 in the US. This means groceries are relatively cheaper in this small town. The community also boasts a number of local businesses such as Fresh Start Clothing Company, Lightning Bolt Coffee Roasters, and Jim’s Auto Repair Shop which have proven to be great assets for the locals.

Mecosta township has an unemployment rate of 7.0%. The US average is 6.0%.

Mecosta township has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Mecosta township
- The Sales Tax Rate for Mecosta township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mecosta 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 Mecosta township
- The average income of a Mecosta township resident is $21,703 a year. The US average is $28,555 a year.
- The Median household income of a Mecosta township resident is $59,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMecosta township, MichiganUnited States
  76
  -4.9%-6.2%
  21.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,459$37,638
  $59,500$69,021
  $80,101$85,028
  Population by Occupation
  1.0%1.2%
  1.2%0.5%
  12.1%6.8%
  13.6%10.0%
  1.1%2.5%
  9.9%11.0%
  1.5%4.8%
  0.0%0.8%
  1.3%1.9%
  2.0%4.7%
  3.1%1.9%
  2.8%7.6%
  0.7%0.1%
  1.5%4.2%
  14.8%9.3%
  23.5%14.0%
  0.5%2.1%
  2.1%7.0%
  5.2%4.8%
  2.3%4.7%
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