Ferrysburg, MI is a beautiful small city located on the shore of Lake Michigan. It is a great place to live for those who want to be close to the lake and enjoy all the outdoor activities it has to offer. There are also plenty of local businesses such as restaurants, cafes, shops, and grocery stores that cater to all types of shoppers. Ferrysburg also has many amenities such as parks, golf courses, museums, and other attractions for its residents. The cost of living in Ferrysburg is quite affordable with an average two bedroom rent at $1120 compared to $1430 nationally. Additionally, Ferrysburg's Grocery Cost Index is 98 versus 100 in the US, making it much more affordable for locals.
Ferrysburg has an unemployment rate of 4.3%. The US average is 6.0%.
Ferrysburg has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Ferrysburg
- The Sales Tax Rate for Ferrysburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ferrysburg 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 Ferrysburg
- The average income of a Ferrysburg resident is $46,125 a year. The US average is $28,555 a year.
- The Median household income of a Ferrysburg resident is $55,250 a year. The US average is $69,021 a year.