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Groveland, MI Economy


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Groveland, MI is an attractive small town located in the state of Michigan. With a population of around 3,000 people, it is a peaceful community with plenty to do and see. Rent for a two bedroom apartment comes in at around $1,230 per month, making it more affordable than average rent for two bedroom apartments in the United States which is $1,430. Groveland also has a grocery cost index of 98 compared to the national average of 100 which means groceries are cheaper than the rest of the country.
Local companies and attractions in Groveland include Mary's Garden Nursery where locals can find all their gardening needs, Stillman Valley Vineyard which offers delicious wine tastings and tours, and The Grand Haven Golf Club, perfect for golfing enthusiasts. Other great attractions include Barlow Lake Park with its picturesque lake setting and hiking trails as well as nearby North Ottawa Dunes with its beach access and breathtaking views. Groveland has something for everyone to enjoy!

Groveland has an unemployment rate of 3.5%. The US average is 6.0%.

Groveland has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Groveland
- The Sales Tax Rate for Groveland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Groveland is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Groveland
- The average income of a Groveland resident is $46,643 a year. The US average is $37,638 a year.
- The Median household income of a Groveland resident is $99,331 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGroveland, 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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