Oronoko charter township, MI is a great place to live with an affordable cost of living. The average 2 bedroom rent in the area is $910 which is much lower than the national average of $1,430. Prices for groceries are also low, having a Grocery Cost Index of 93 versus 100 in the US. Some popular local companies in Oronoko charter township include SSC Technologies Inc., Michiana Machine & Fabrication Inc., and Premier Tool & Die Corp. All these features combined make this area a great place to live without paying too much.
Oronoko charter has an unemployment rate of 5.8%. The US average is 6.0%.
Oronoko charter has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Oronoko charter
- The Sales Tax Rate for Oronoko charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oronoko 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 Oronoko charter
- The average income of a Oronoko charter resident is $27,479 a year. The US average is $37,638 a year.
- The Median household income of a Oronoko charter resident is $56,667 a year. The US average is $69,021 a year.