Springfield charter township, MI is a thriving area with many local businesses. The 2 bedroom rent in the town is slightly lower than the US average, making it an attractive place to live for those looking to save money on housing costs. In addition, grocery cost index in this township is equivalent to the US average. This makes it an economical place to live for families looking for ways to reduce their expenses.
The local community has a lot of great companies such as Harrietta Hills Trout Farm, Cravens Coffee, Hammer’s Carpentry & Construction, and Advantage Roofing. All of these businesses have been successful over the years and provide jobs in the area as well as high-quality services and products at competitive prices. With its low rental costs and affordable groceries, Springfield charter township, MI is an attractive option for people looking to create a comfortable lifestyle without breaking their budget.
Springfield charter has an unemployment rate of 3.5%. The US average is 6.0%.
Springfield charter has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Springfield charter
- The Sales Tax Rate for Springfield charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield charter 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 Springfield charter
- The average income of a Springfield charter resident is $46,476 a year. The US average is $37,638 a year.
- The Median household income of a Springfield charter resident is $97,559 a year. The US average is $69,021 a year.