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Caledonia township (Alcona County), MI Economy


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Caledonia township (Alcona Cnty), MI is a great place to live with plenty for everyone. With a 2 bedroom rent of only $900, it's much more affordable than the national median of $1,430. Additionally, the Grocery Cost Index is 92 versus 100 in the US, so grocery shopping in Caledonia doesn't break the bank. The township has something for everyone, whether it's fishing on Lake Huron or visiting local restaurants such as O'Malleys Irish Pub and Grill or Sunrise Pizza. Other popular attractions include Alcona Beach Park and Harrisville State Park which provide plenty of outdoor activities for families and visitors alike. Local businesses offer a variety of services ranging from hair salons to dentists to auto repair shops. No matter what your interests are there is something to do or experience in Caledonia Township!

Caledonia township (Alcona County) has an unemployment rate of 7.4%. The US average is 6.0%.

Caledonia township (Alcona County) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Caledonia township (Alcona County)
- The Sales Tax Rate for Caledonia township (Alcona County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caledonia township (Alcona County) is 4.3%. The US average is 4.6%.
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Income and Salaries for Caledonia township (Alcona County)
- The average income of a Caledonia township (Alcona County) resident is $39,380 a year. The US average is $37,638 a year.
- The Median household income of a Caledonia township (Alcona County) resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCaledonia township (Alcona County), MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.8%
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    Unlock7.6%
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    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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