Fife Lake Township, MI is a beautiful small town located in Grand Traverse County. This quaint community offers a variety of local businesses and interesting amenities for residents and visitors to enjoy. Notable companies include Fife Lake Coffee Co., Fife Lake Family Market, and the Fife Lake Public Library. The town also boasts an array of outdoor activities such as fishing, hiking, camping, and skiing. With its affordable 2 bedroom rent rates at $910 per month compared to the US average of $1,430 and its Grocery Cost Index at 93 versus 100 in the US, Fife Lake is an attractive place to call home.
Fife Lake township has an unemployment rate of 5.7%. The US average is 6.0%.
Fife Lake township has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Fife Lake township
- The Sales Tax Rate for Fife Lake township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fife Lake 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 Fife Lake township
- The average income of a Fife Lake township resident is $15,620 a year. The US average is $28,555 a year.
- The Median household income of a Fife Lake township resident is $64,286 a year. The US average is $69,021 a year.