Muskegon charter, MI Economy


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Muskegon charter township, MI is a great place for those looking for an affordable place to live. The cost of renting a two-bedroom apartment is significantly less than the US average, at $970 compared to $1,430. Groceries are also more affordable in Muskegon charter township, with an index of 92 versus 100 in the US. Some local companies include D&W Fresh Market, Meijer stores, and Walmart.

Muskegon charter has an unemployment rate of 7.5%. The US average is 6.0%.

Muskegon charter has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Muskegon charter
- The Sales Tax Rate for Muskegon charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muskegon charter 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 Muskegon charter
- The average income of a Muskegon charter resident is $25,770 a year. The US average is $37,638 a year.
- The Median household income of a Muskegon charter resident is $51,609 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMuskegon charter, 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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