Richland Township (Montcalm Cnty), MI is a small, quaint town with many local businesses that provide the community with services. The cost of living in this area is quite low, as 2 bedroom rent averages around $850 compared to the US average of $1,430. Grocery costs here are also on the lower side with an index rating of 91 versus 100 in the US. The diverse economy has something for everyone; there are plenty of shops and eateries such as Mojo's Coffee Shop and EJ's Pizza & Subs. There are also local service providers such as Minden Auto Repair and Schoner Electric that specialize in automotive repair and electrical work respectively. Richland Township (Montcalm Cnty), MI is a great place to live and work or visit with its friendly atmosphere and low costs.
Richland township (Montcalm County) has an unemployment rate of 5.8%. The US average is 6.0%.
Richland township (Montcalm 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 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Richland township (Montcalm County)
- The Sales Tax Rate for Richland township (Montcalm County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richland township (Montcalm 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 Richland township (Montcalm County)
- The average income of a Richland township (Montcalm County) resident is $23,626 a year. The US average is $37,638 a year.
- The Median household income of a Richland township (Montcalm County) resident is $51,739 a year. The US average is $69,021 a year.