Sumner, MI Economy


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Sumner, MI is a small town with an estimated population of 1,631 people. It is located in the central part of Michigan and is known for its natural beauty. The average rent for a two-bedroom apartment in Sumner is $880, which is significantly lower than the national average of $1,430. Grocery costs are also relatively low compared to the US index at 90 versus 100 respectively.
Local companies in Sumner include P&J Manufacturing Inc., Sumner Auto Body and Towing LLC, and Custom Milling LLC. P&J Manufacturing Inc. offers services in metal fabrication, machining and welding while Sumner Auto Body and Towing provides car repair services including bodywork, engine diagnostics, and 24 hour towing assistance. Finally Custom Milling LLC offers custom milling services such as sawing, planing, sanding and routing for wood pieces.

Sumner has an unemployment rate of 5.6%. The US average is 6.0%.

Sumner has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Sumner
- The Sales Tax Rate for Sumner is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sumner 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 Sumner
- The average income of a Sumner resident is $32,431 a year. The US average is $37,638 a year.
- The Median household income of a Sumner resident is $54,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySumner, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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