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Arcadia CDP (Manistee County), MI Economy


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Arcadia, MI is a small city in Michigan known for its charming atmosphere and affordable housing. Two-bedroom apartments can be rented at a much lower rate than the national average, with current prices set at $940 compared to the US average of $1,430. Arcadia also has an attractive grocery cost index of 96 versus 100 in the US. This makes it an ideal place for those looking to save money while not compromising on quality.
Local companies located in Arcadia include R & S Automotive Repair Services, The Shops at Arcadia, and J&T Grocery Store. These businesses add to the bustling environment of the town and make it a great place to live. Living in Arcadia also comes with many perks such as access to outdoor activities like biking trails and fishing spots along with family-friendly parks like Fisherman's Park. It is also conveniently close to larger cities such as Grand Rapids and Kalamazoo should residents need access to other amenities or entertainment options.

Arcadia CDP (Manistee County) has an unemployment rate of 7.6%. The US average is 6.0%.

Arcadia CDP (Manistee County) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Arcadia CDP (Manistee County)
- The Sales Tax Rate for Arcadia CDP (Manistee County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arcadia CDP (Manistee County) is 4.3%. The US average is 4.6%.
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Income and Salaries for Arcadia CDP (Manistee County)
- The average income of a Arcadia CDP (Manistee County) resident is $51,338 a year. The US average is $37,638 a year.
- The Median household income of a Arcadia CDP (Manistee County) resident is $74,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArcadia CDP (Manistee County), 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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