Gratiot County, MI is a great place to live! The two bedroom rent in the county is consistently lower than the national average, and the grocery cost index is also lower. This means that living in Gratiot County can be an affordable option for many. In addition to economic benefits, there are plenty of local businesses and attractions to enjoy. Notable companies include The Dow Chemical Company, Whirlpool Corporation, and Troy-based Kmart Corporation. Additionally, there are various family friendly attractions such as Gratiot County Historical Village and Museum, Pine River Country Club & Golf Course, Clare Speedway Park and much more!
Gratiot County has an unemployment rate of 5.6%. The US average is 6.0%.
Gratiot County 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 Gratiot County
- The Sales Tax Rate for Gratiot County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gratiot 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 Gratiot County
- The average income of a Gratiot County resident is $25,651 a year. The US average is $37,638 a year.
- The Median household income of a Gratiot County resident is $53,347 a year. The US average is $69,021 a year.