Metamora township, MI Economy


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Metamora Township, MI is a great place to live due to its reasonably low cost of living. Rent for a 2 bedroom apartment averages at $1,090, which is $340 below the national average. Grocery cost index in Metamora township is also lower than that of the US - 99 versus 100. There are plenty of local businesses in Metamora Township to choose from, such as Metamora Pharmacy Inc., Harbor Machining Inc., and AGI Industries. In comparison to the US overall, Metamora Township offers lower rental prices and grocery costs, making it an attractive option to live in.

Metamora township has an unemployment rate of 4.9%. The US average is 6.0%.

Metamora 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 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Metamora township
- The Sales Tax Rate for Metamora township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Metamora 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 Metamora township
- The average income of a Metamora township resident is $28,599 a year. The US average is $28,555 a year.
- The Median household income of a Metamora township resident is $84,301 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetamora township, MichiganUnited States
  4.96
  -10.4%-6.2%
  33.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $41,860$37,638
  $84,301$69,021
  $92,500$85,028
  Population by Occupation
  1.8%1.2%
  0.1%0.5%
  6.7%6.8%
  24.9%10.0%
  3.8%2.5%
  5.3%11.0%
  2.0%4.8%
  0.2%0.8%
  0.0%1.9%
  4.3%4.7%
  1.4%1.9%
  2.1%7.6%
  0.0%0.1%
  2.4%4.2%
  13.2%9.3%
  13.4%14.0%
  2.5%2.1%
  5.1%7.0%
  8.3%4.8%
  2.5%4.7%
Reviews for Metamora township
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Over 14 years ago

Metamora Township is horse country. The topography is rolling hills, heavy forest, and acres and acres of land. Everywhere you go, you will see horse farms and old  More

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Over 14 years ago

This is a beautiful area to live in. There are rolling hills and lakes all around. In addition, there are two very well known outdoor recreation areas within a 10  More

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