Copper City, MI is an attractive location for residents looking for cost-effective living. It boasts a relatively low 2 bedroom rent of $760 compared to the US average of $1,430 and grocery cost index of 88 versus 100 in the US. Residents in Copper City, MI can access many employment opportunities at local companies such as Ford Motor Company, General Motors Corporation, United States Steel Corporation, and Dow Chemical. The median household income in Copper City, MI is approximately $47,738 per year.
Copper City has an unemployment rate of 5.4%. The US average is 6.0%.
Copper City has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Copper City
- The Sales Tax Rate for Copper City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Copper City 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 Copper City
- The average income of a Copper City resident is $11,103 a year. The US average is $28,555 a year.
- The Median household income of a Copper City resident is $42,917 a year. The US average is $69,021 a year.