Branch, MI County is an area full of opportunities and activities for all ages. It has a strong economy that is bolstered by businesses such as the Branch Township Library, Branch County Medical Center, and the Staples-Goodrich Pet Hospital. The cost of living in this area is also quite affordable with a two bedroom rental going for $830 while the US average is $1,430. Additionally, the grocery cost index in Branch is 92 versus 100 across the US, meaning groceries are slightly more affordable here than other parts of the country. All these benefits make Branch County a great place to live and work!
Branch County has an unemployment rate of 5.0%. The US average is 6.0%.
Branch County has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Branch County
- The Sales Tax Rate for Branch County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Branch 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 Branch County
- The average income of a Branch County resident is $27,575 a year. The US average is $37,638 a year.
- The Median household income of a Branch County resident is $56,077 a year. The US average is $69,021 a year.