Roosevelt Park, MI Economy


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Roosevelt Park, MI is a great place to live with its affordable housing and cost of living. The average two bedroom rent in Roosevelt Park is $1,030 while the US average is $1,430. Other costs such as groceries are also cheaper than the national average, with an index of 93 compared to 100 in the US. The city is home to many companies including Great Lakes Hotel Supply Co., Roosvelt Park Auto Parts and Industrial Plant Services. Outdoor enthusiasts can enjoy activities like camping, hunting and fishing at nearby Lake Michigan or take a walk through one of the multiple parks located throughout the town. There are also plenty of shopping and dining options available for those looking for something more urban. Those looking for nightlife can find it at venues like The Venue or Harbor Light Bar & Grill. All in all Roosevelt Park offers something for everyone whether you're outdoorsy or a city dweller!

Roosevelt Park has an unemployment rate of 7.5%. The US average is 6.0%.

Roosevelt Park has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Roosevelt Park
- The Sales Tax Rate for Roosevelt Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Roosevelt Park 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 Roosevelt Park
- The average income of a Roosevelt Park resident is $21,456 a year. The US average is $28,555 a year.
- The Median household income of a Roosevelt Park resident is $56,231 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoosevelt Park, MichiganUnited States
  7.56
  -7.3%-6.2%
  26.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $30,287$37,638
  $56,231$69,021
  $69,778$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.9%6.8%
  21.7%10.0%
  0.8%2.5%
  6.5%11.0%
  2.9%4.8%
  3.0%0.8%
  0.4%1.9%
  1.0%4.7%
  1.6%1.9%
  4.4%7.6%
  0.4%0.1%
  11.2%4.2%
  5.0%9.3%
  19.7%14.0%
  0.4%2.1%
  14.4%7.0%
  3.1%4.8%
  1.7%4.7%
Health
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