Economy & Innovation

What’s this about?
Cascade Township is home to the Gerald R. Ford International Airport, Michigan’s second largest airport. Due to this regional asset, the Township is home to a diverse group of businesses leveraging this transportation hub. Further development and redevelopment is expected in this quadrant of the Township.

Data

Educational Attainment

Educational attainment is a metric that drives employer siting and business locations, indicates purchasing power, and helps presume housing preferences. As of 2016, there was a much greater percentage of Township residents that had attained a bachelor’s degree or higher when compared to County or State residents.

Occupations

The occupational composition of a place is a metric that helps to reveal the local industry types and makeup. As of 2016, there was a much greater percentage of Township residents that worked in management, business, science, arts, sales, and office careers than that of Kent County. In general, these types of employment sectors include higher paying professions.”

Unemployment

Unemployment statistics are utilized to determine the health of the local economy and the growth of the local business community. Cascade Township had a lower unemployment rate than the State of Michigan or the United States as a whole in 2016.

Median Household Income

Median household income is a metric used to help determine the broad demographic makeup of a community and the demand for certain types of housing, employment, and services. The median household income of Cascade Township was higher than the County and State as a whole in 2016.”
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