Sands, MI Economy


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Sands, MI is a small town located in the central part of Michigan. With a population of just over 4,000 people, Sands has plenty to offer its residents. The cost of living in Sands is lower than the US average, with 2 bedroom rent being only $930 and the grocery cost index at 94 versus 100 in the US. Local businesses include Lusso Pizzeria and Italian Eatery, Big Bear Adventures Canoe & Kayak Rental & Outfitters, Sandy's Barber Shop, and B&B Automotive Repair. These local establishments offer a diverse selection of services for residents. All in all, Sands is an affordable place to live with plenty of amenities for its citizens to enjoy.

Sands has an unemployment rate of 5.9%. The US average is 6.0%.

Sands has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Sands
- The Sales Tax Rate for Sands is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sands 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 Sands
- The average income of a Sands resident is $27,679 a year. The US average is $28,555 a year.
- The Median household income of a Sands resident is $69,054 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySands, MichiganUnited States
  5.96
  -5.9%-6.2%
  19.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,489$37,638
  $69,054$69,021
  $76,429$85,028
  Population by Occupation
  0.6%1.2%
  2.4%0.5%
  9.5%6.8%
  7.8%10.0%
  1.7%2.5%
  14.6%11.0%
  0.9%4.8%
  1.7%0.8%
  0.8%1.9%
  2.0%4.7%
  4.5%1.9%
  4.0%7.6%
  0.0%0.1%
  1.1%4.2%
  9.4%9.3%
  27.1%14.0%
  0.6%2.1%
  6.6%7.0%
  1.5%4.8%
  3.3%4.7%
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