Ypsilanti charter, MI Economy


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Ypsilanti charter township, MI is a great place to live for those looking for affordability while still enjoying the trappings of a large city. The 2 bedroom rent cost in Ypsilanti charter township is around $1,180 which is much lower than the national average of $1,430. Grocery costs are also much cheaper in Ypsilanti, with an index score of 96 compared to 100 in the US. This makes it an attractive option for many people. Notable companies located in Ypsilanti charter township include Meijer, Eastern Michigan University, Kettering University and Toyota Technical Center.

Ypsilanti charter has an unemployment rate of 4.3%. The US average is 6.0%.

Ypsilanti charter has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Ypsilanti charter
- The Sales Tax Rate for Ypsilanti charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ypsilanti 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 Ypsilanti charter
- The average income of a Ypsilanti charter resident is $24,785 a year. The US average is $28,555 a year.
- The Median household income of a Ypsilanti charter resident is $61,265 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYpsilanti charter, MichiganUnited States
  4.36
  -6.3%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,881$37,638
  $61,265$69,021
  $79,880$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.3%6.8%
  14.0%10.0%
  1.8%2.5%
  12.5%11.0%
  3.8%4.8%
  0.6%0.8%
  1.2%1.9%
  2.2%4.7%
  1.4%1.9%
  6.0%7.6%
  0.3%0.1%
  3.3%4.2%
  14.3%9.3%
  17.1%14.0%
  1.6%2.1%
  8.6%7.0%
  4.0%4.8%
  2.9%4.7%
Reviews for Ypsilanti charter
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Be prepared for almost weekly parking violations if you live anywhere near depot town or anywhere patrolled by rogala.   More

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Over 16 years ago

Ypsilanti twp was a thriving area to live in during the Automation boom of the 90s. Schools were good, neighbors were good and Life seemed just like something out of a  More

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Over 17 years ago

The Lincoln school sytem in Ypsilanti Township is pretty good. The area is growing in  More

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