Benona, MI is a charming small town located in Michigan. It is known for its low cost of living with an average two bedroom rent costing just $830 per month. The Grocery Cost Index in Benona is 92, which is much lower than the national average of 100. Popular attractions in Benona include the Lighthouse Park and the annual Benona Beach Bash Festival. Local companies include Magnolia Florist, Lawler's Auto Body, and Fisher's Plumbing Service, all of which provide outstanding customer service to locals and visitors alike.
Benona has an unemployment rate of 8.0%. The US average is 6.0%.
Benona has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Benona
- The Sales Tax Rate for Benona is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benona 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 Benona
- The average income of a Benona resident is $24,946 a year. The US average is $28,555 a year.
- The Median household income of a Benona resident is $58,026 a year. The US average is $69,021 a year.