Sylvan township (Osceola County), MI Economy


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United States / Michigan / No Metro Area / Osceola County / Sylvan township (Osceola County) / Zip Codes
Sylvan township (Osceola Cnty), MI is a great place to call home both for its affordability and its access to nearby attractions. The average 2 bedroom rent in Sylvan township (Osceola Cnty), MI is much lower than the US average of $1,430 at only $820. Additionally, the Grocery Cost Index in Sylvan township (Osceola Cnty), MI is 91 compared to 100 for the US on average, making food more affordable in this area as well. For those looking for things to do, popular local attractions include Tullymore Golf Resort, Tubing at the White Pine Trailhead, and visits to various wineries scattered throughout Osceola County. Additionally, there are plenty of companies and job opportunities in the area such as D & W Fresh Market, Walmart Supercenter, and Meijer.

Sylvan township (Osceola County) has an unemployment rate of 5.8%. The US average is 6.0%.

Sylvan township (Osceola County) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Sylvan township (Osceola County)
- The Sales Tax Rate for Sylvan township (Osceola County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sylvan township (Osceola 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 Sylvan township (Osceola County)
- The average income of a Sylvan township (Osceola County) resident is $20,501 a year. The US average is $37,638 a year.
- The Median household income of a Sylvan township (Osceola County) resident is $50,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySylvan township (Osceola County), MichiganUnited States
  5.86
  -1.7%-6.2%
  37.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $20,501$37,638
  $50,694$69,021
  $72,656$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  9.3%6.8%
  35.3%10.0%
  0.0%2.5%
  3.5%11.0%
  3.8%4.8%
  2.1%0.8%
  0.0%1.9%
  3.1%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  1.4%4.2%
  4.2%9.3%
  27.0%14.0%
  0.0%2.1%
  4.5%7.0%
  2.8%4.8%
  0.0%4.7%
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