Bay Port, MI is a small city located in the lower peninsula of Michigan. It is known for its affordable housing with a two bedroom apartment rental costing just $830 compared to the US national average of $1,430. Additionally, Bay Port has a lower grocery cost index than the US average with 91 versus 100 respectively. This makes it an attractive destination for families looking to settle down and take advantage of the city's many amenities.
The city boasts several local businesses such as The Pantry restaurant offering delicious meals and desserts, Bay Port Shell gas station providing quality fuel and convenience items, and Paws Grooming pet spa offering professional dog and cat grooming services. With its affordable living costs and variety of local businesses, Bay Port proves an excellent place to call home.
Bay Port has an unemployment rate of 5.7%. The US average is 6.0%.
Bay Port has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Bay Port
- The Sales Tax Rate for Bay Port is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bay Port is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bay Port
- The average income of a Bay Port resident is $19,244 a year. The US average is $28,555 a year.
- The Median household income of a Bay Port resident is $38,750 a year. The US average is $69,021 a year.