Solon Township (Kent County) Michigan is a great place to live for many reasons. It has an affordable 2 bedroom rent of $1,100, which is significantly less than the US average of $1,430. The grocery cost index in Solon township is 96 compared to 100 in the US. This makes it a much more affordable place to live. There are many local companies in Solon Township such as Hartman Companies, Kentwood Lumber Company and Grand Valley Manufacturing. All these businesses make Solon Township a great place to work and live. Overall, the cost of living in Solon Township (Kent County) Michigan is much lower than the US average in terms of rent and groceries making it an attractive option for people looking for an affordable lifestyle.
Solon township (Kent County) has an unemployment rate of 4.8%. The US average is 6.0%.
Solon township (Kent County) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Solon township (Kent County)
- The Sales Tax Rate for Solon township (Kent County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Solon township (Kent 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 Solon township (Kent County)
- The average income of a Solon township (Kent County) resident is $33,974 a year. The US average is $37,638 a year.
- The Median household income of a Solon township (Kent County) resident is $80,000 a year. The US average is $69,021 a year.