Spring Arbor township, MI is a beautiful area situated in Jackson County. It is known for its excellent schools, low crime rates, friendly people, and close proximity to nature. The living cost in Spring Arbor Township is lower than the national average. The average two-bedroom rent is $870 per month compared to the US average of $1,430 per month. The grocery cost index in Spring Arbor Township is also lower than the national average at 95 versus 100.
The township has many local companies that benefit its residents such as Spring Arbor University and ProMedica Health System. Other businesses include several restaurants, banks, retail stores, movie theaters, gas stations, and more.
For those looking for activities in the township, there are plenty of options! Visitors can explore the nearby parks or take advantage of the affordable golf courses located throughout town. There are many museums and art galleries that highlight local talent and culture. Moreover, visitors can spend their days shopping at nearby outlets or exploring the nearby nature trails to immerse themselves in nature.
Spring Arbor township has an unemployment rate of 5.9%. The US average is 6.0%.
Spring Arbor township 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Spring Arbor township
- The Sales Tax Rate for Spring Arbor township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Arbor township 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 Spring Arbor township
- The average income of a Spring Arbor township resident is $23,178 a year. The US average is $28,555 a year.
- The Median household income of a Spring Arbor township resident is $72,143 a year. The US average is $69,021 a year.