Richland township (Missaukee County), MI Economy


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United States / Michigan / Cadillac Metro Area / Missaukee County / Richland township (Missaukee County) / Zip Codes
Richland Township (Missaukee Cnty), MI is a great place to live. It is located in the northern region of Michigan and offers many opportunities for outdoor recreation as well as a wealth of local businesses. Notable companies in Richland Township include Missaukee County Soil and Water Conservation District, which helps manage and protect the local environment; Marshall's Automotive Repair, which provides quality car repair services; and The Spice Kitchen, a popular restaurant offering delicious meals. The cost of living in Richland Township is generally lower than in other parts of the US. 2 Bedroom rent is $920 compared to an average of $1,430 nationally, while grocery costs are lower at 92 against the national benchmark of 100. In summary, Richland Township provides plenty of amenities and activities with an affordable cost of living that makes it an ideal place to call home.

Richland township (Missaukee County) has an unemployment rate of 6.2%. The US average is 6.0%.

Richland township (Missaukee County) 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 Richland township (Missaukee County)
- The Sales Tax Rate for Richland township (Missaukee County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richland township (Missaukee 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 (Missaukee County)
- The average income of a Richland township (Missaukee County) resident is $27,090 a year. The US average is $28,555 a year.
- The Median household income of a Richland township (Missaukee County) resident is $74,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichland township (Missaukee County), MichiganUnited States
  6.26
  -4.9%-6.2%
  25.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,848$37,638
  $74,821$69,021
  $80,469$85,028
  Population by Occupation
  15.9%1.2%
  0.0%0.5%
  5.9%6.8%
  19.8%10.0%
  1.9%2.5%
  9.0%11.0%
  1.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  1.4%1.9%
  2.8%7.6%
  0.0%0.1%
  1.6%4.2%
  6.5%9.3%
  15.5%14.0%
  0.9%2.1%
  8.0%7.0%
  4.4%4.8%
  3.8%4.7%
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