Muskegon, MI is a great place to live and work. It offers a range of opportunities for businesses and residents alike. The two bedroom rent in Muskegon, MI is significantly lower than the national average at just $970 versus the US $1430 rate. Additionally, the grocery cost index in Muskegon is 92 compared to the national 100 making it an affordable city to live in. Popular local companies include L3Harris Technologies, Steelcase and Meijer while top attractions include Michigan’s Adventure Amusement Park, Pere Marquette Beach and Lake Express Ferry. This vibrant city has plenty to offer its residents.
Muskegon has an unemployment rate of 12.4%. The US average is 6.0%.
Muskegon has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Muskegon
- The Sales Tax Rate for Muskegon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muskegon is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muskegon
- The average income of a Muskegon resident is $14,533 a year. The US average is $28,555 a year.
- The Median household income of a Muskegon resident is $37,827 a year. The US average is $69,021 a year.