Fawn River, MI is a small town located in the state of Michigan. It has a population of around 3,500 people and offers an abundance of outdoor activities for visitors and locals alike. The two bedroom rent in Fawn River is significantly lower than the national average, making it an attractive place for those looking to find affordable housing. It also has a lower Grocery Cost Index than the US, making it more economical for those who like to save on groceries.
The town's main attraction is its close proximity to Lake Michigan and the surrounding forests that offer plenty of outdoor recreation opportunities such as fishing, camping, and hiking trails. There are plenty of local companies in the area including Fawn River Shores Marina which offers boat rental services and various stores selling fishing supplies or local wares. Additionally each summer the town holds an annual festival called 'Fawn River Days', where residents enjoy live music performances and carnival rides while vendors showcase their homemade products. All this makes Fawn River a desirable destination for tourists as well as an ideal place to settle down for those looking for a quiet lifestyle surrounded by natural beauty.
Fawn River has an unemployment rate of 4.9%. The US average is 6.0%.
Fawn River 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 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Fawn River
- The Sales Tax Rate for Fawn River is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fawn River 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 Fawn River
- The average income of a Fawn River resident is $22,199 a year. The US average is $28,555 a year.
- The Median household income of a Fawn River resident is $67,000 a year. The US average is $69,021 a year.