Genesee County, MI Economy


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United States / Michigan / Flint / Genesee County / Cities / Zip Codes
Genesee County, Michigan is a great place to live with plenty of job opportunities. This area is home to some of the largest companies in the state, such as GM, Kroger, Consumers Energy and McLaren Flint Hospital. The two bedroom rent in Genesee is $940 which is much lower than the US average of $1,430. Grocery costs are also lower here with a cost index of 92 compared to 100 nationally. Overall, living in Genesee County can be quite affordable while still providing access to quality goods and services provided by local businesses.

Genesee County has an unemployment rate of 7.1%. The US average is 6.0%.

Genesee County has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Genesee County
- The Sales Tax Rate for Genesee County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee 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 Genesee County
- The average income of a Genesee County resident is $30,561 a year. The US average is $37,638 a year.
- The Median household income of a Genesee County resident is $54,052 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGenesee, 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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