Milan Township, MI is a small town located in southern Michigan. It is home to a small population of around 7,800 people and is known for its rural atmosphere. The local economy relies heavily on agriculture and manufacturing, as well as tourism due to its proximity to Lake Erie State Park. Companies in Milan Township with job openings include Altair Technologies, Conexus Automotive Group, Guardian Industries Corp., Kmart Corp., and Midland Forge Manufacturing Co. The cost of living in Milan Township is relatively low compared to the US average. Rent for a two bedroom apartment or house averages $1,110 per month while the US average rent is about $1,430 per month. Grocery costs are also lower than average at 96 compared to 100 nationally.
Milan township has an unemployment rate of 5.6%. The US average is 6.0%.
Milan township has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Milan township
- The Sales Tax Rate for Milan township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milan 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 Milan township
- The average income of a Milan township resident is $38,800 a year. The US average is $37,638 a year.
- The Median household income of a Milan township resident is $80,000 a year. The US average is $69,021 a year.