Glen Arbor, MI is a small town nestled in the northwest corner of Michigan's Lower Peninsula. It is known for its picturesque scenery and outdoor activities such as hiking, biking, and canoeing. The rental cost for a 2 bedroom apartment in Glen Arbor is slightly higher than the national average of $1,430 at $1,440 per month. However, grocery costs are lower compared to the US with an index of 103 versus 100 in the US. Local companies in Glen Arbor include Art's Tavern which offers classic pub food and live music, Moomer’s Ice Cream for homemade ice cream treats, and Glen Arbor Wines which has a selection of locally produced wines.
Glen Arbor has an unemployment rate of 6.1%. The US average is 6.0%.
Glen Arbor has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Glen Arbor
- The Sales Tax Rate for Glen Arbor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glen Arbor 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 Glen Arbor
- The average income of a Glen Arbor resident is $33,719 a year. The US average is $28,555 a year.
- The Median household income of a Glen Arbor resident is $186,250 a year. The US average is $69,021 a year.