Otisville, Michigan 

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Economy in Otisville, Michigan

Otisville has an unemployment rate of 7.1%. The US average is 6.0%.

Otisville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Otisville
- The Sales Tax Rate for Otisville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Otisville 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 Otisville
- The average income of a Otisville resident is $21,635 a year. The US average is $28,555 a year.
- The Median household income of a Otisville resident is $35,913 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYOtisville, MichiganUnited States
  7.1%6.0%
  -7.4%-6.2%
  25.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $20,764$31,177
  $41,827$57,652
  $40,417$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  9.0%6.2%
  11.5%10.4%
  2.2%2.7%
  18.0%11.6%
  5.2%4.1%
  0.5%0.9%
  1.6%2.1%
  0.5%4.7%
  3.6%1.9%
  0.0%6.7%
  0.0%0.1%
  6.3%4.3%
  5.2%9.3%
  14.5%13.8%
  3.0%2.2%
  12.0%7.4%
  1.6%4.9%
  5.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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