Estral Beach, MI Economy


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Estral Beach, MI is a popular beach town located on the western shore of Michigan. It's home to many attractions and activities for visitors to enjoy, including beautiful beaches, parks, and boat launches. The cost of living in Estral Beach is relatively low compared to other areas within Michigan, with two bedroom rent averaging $1,250 compared to the US average of $1,430. Residents also benefit from a lower grocery cost index at 95 versus 100 in the US. Estral Beach is home to many local businesses such as Estral Marina LLC, Pastimes Pub & Grub Restaurant, and Stony Point Lighthouse Park.

Estral Beach has an unemployment rate of 5.6%. The US average is 6.0%.

Estral Beach has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Estral Beach
- The Sales Tax Rate for Estral Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Estral Beach 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 Estral Beach
- The average income of a Estral Beach resident is $25,293 a year. The US average is $28,555 a year.
- The Median household income of a Estral Beach resident is $68,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEstral Beach, MichiganUnited States
  5.66
  -7.1%-6.2%
  25.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,650$37,638
  $68,542$69,021
  $69,063$85,028
  Population by Occupation
  3.3%1.2%
  0.5%0.5%
  10.4%6.8%
  16.4%10.0%
  0.0%2.5%
  10.9%11.0%
  5.5%4.8%
  3.8%0.8%
  0.5%1.9%
  1.1%4.7%
  1.6%1.9%
  3.3%7.6%
  0.0%0.1%
  7.1%4.2%
  9.3%9.3%
  2.7%14.0%
  1.6%2.1%
  11.5%7.0%
  4.4%4.8%
  6.0%4.7%
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