Olive Township (Ottawa Cnty), MI is a great place to live with its affordable housing prices and cost of living. With a two bedroom rent of just $1,190, it is much lower than the US average of $1,430; this makes it attractive to potential residents. The grocery cost index for Olive Township is also lower than the US average, at 98 against 100. This means that groceries are relatively cheaper here compared to other places in the US.
The area has many local companies which contribute to its economy such as Geebo Automotive Group and Friesland Foods Incorporated, a dairy production company. Other amenities nearby include restaurants such as Olive Garden Italian Restaurant and Bagger Dave’s Burger Tavern, plus recreational activities like golfing at Pigeon Creek Golf Course. All these make Olive Township an ideal spot to live in for those looking for affordability and convenience.
Olive township (Ottawa County) has an unemployment rate of 4.3%. The US average is 6.0%.
Olive township (Ottawa County) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Olive township (Ottawa County)
- The Sales Tax Rate for Olive township (Ottawa County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Olive township (Ottawa County) 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 Olive township (Ottawa County)
- The average income of a Olive township (Ottawa County) resident is $30,537 a year. The US average is $37,638 a year.
- The Median household income of a Olive township (Ottawa County) resident is $69,220 a year. The US average is $69,021 a year.