St. Charles township, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
St. Charles Township, MI is a great place to live, work, and play! With an average two bedroom rent of $870 compared to the US average of $1,430, it's easy to afford living here. Not only that but St. Charles Township is also home to lower grocery costs with an index of 92 compared with 100 in the US. The local economy is booming with many businesses including Fortune 500 company Herman Miller which specializes in office furniture manufacturing, Amway who are world leaders in health and beauty products and Alticor who focus on business services. You can also find smaller retailers like the A&W Family Restaurant and Gerritt's Bar & Grill offering local favorites.

St. Charles township has an unemployment rate of 6.8%. The US average is 6.0%.

St. Charles 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for St. Charles township
- The Sales Tax Rate for St. Charles township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Charles 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 St. Charles township
- The average income of a St. Charles township resident is $22,228 a year. The US average is $28,555 a year.
- The Median household income of a St. Charles township resident is $58,490 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Charles township, MichiganUnited States
  6.86
  -7.7%-6.2%
  22.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,288$37,638
  $58,490$69,021
  $59,583$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  3.5%6.8%
  23.9%10.0%
  1.6%2.5%
  12.0%11.0%
  6.7%4.8%
  0.4%0.8%
  0.4%1.9%
  2.9%4.7%
  1.5%1.9%
  2.4%7.6%
  0.0%0.1%
  2.5%4.2%
  5.2%9.3%
  18.8%14.0%
  1.4%2.1%
  4.0%7.0%
  7.2%4.8%
  5.2%4.7%
Health
Compare St. Charles township, MI
cost of living
Compare food, housing, utilities, and more in St. Charles township, Michigan to any other city in the US.