Benzonia township, MI Economy


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Benzonia Township, MI is a small rural community located in Benzie County. The area features many outdoor activities from hiking and biking trails to lake views along the Crystal River. Living costs in Benzonia Township are lower than the national average, with a two-bedroom rent of $990 compared to $1430 in the US. Grocery costs are also lowered with an index of 94 compared to 100 nationally. Despite being small, Benzonia Township offers plenty of local businesses and attractions for residents and visitors alike. Notable local businesses include Crystal Lake Bait & Tackle, Angelina's Pizza & Pasta, and Benzonia Fish Market. Popular attractions include The Homestead Golf Course, Crystal Mountain Resort and Spa, and the Sleeping Bear National Lakeshore which includes beaches, lakes, forests and dunes.

Benzonia township has an unemployment rate of 6.9%. The US average is 6.0%.

Benzonia township has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Benzonia township
- The Sales Tax Rate for Benzonia township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benzonia township 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 Benzonia township
- The average income of a Benzonia township resident is $23,682 a year. The US average is $28,555 a year.
- The Median household income of a Benzonia township resident is $59,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenzonia township, MichiganUnited States
  6.96
  -6.7%-6.2%
  31.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $35,941$37,638
  $59,167$69,021
  $80,851$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.3%6.8%
  4.4%10.0%
  0.0%2.5%
  24.0%11.0%
  4.2%4.8%
  0.3%0.8%
  0.3%1.9%
  4.0%4.7%
  2.6%1.9%
  3.2%7.6%
  0.0%0.1%
  0.8%4.2%
  11.8%9.3%
  17.0%14.0%
  0.2%2.1%
  7.1%7.0%
  9.9%4.8%
  1.7%4.7%
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