Horton Bay, MI is a small town located in Northern Michigan. It is known for its picturesque views of Lake Charlevoix and rolling hills. The cost of living in Horton Bay is very reasonable with 2 bedroom rent being just $900 compared to the US average of $1,430. In addition, the Grocery Cost Index for Horton Bay is 95 versus 100 in the US. There are plenty of local businesses that call Horton Bay home, such as the Bramley Apple Orchard, The Bluebird Cafe, and Horton Bay General Store. Visitors can enjoy many outdoor activities like hiking and boating on nearby lakes or exploring the unique shops in town. All these factors make Horton Bay an ideal place to live or visit for a memorable experience!
Horton Bay has an unemployment rate of 6.7%. The US average is 6.0%.
Horton Bay has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Horton Bay
- The Sales Tax Rate for Horton Bay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Horton Bay 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 Horton Bay
- The average income of a Horton Bay resident is $27,721 a year. The US average is $28,555 a year.
- The Median household income of a Horton Bay resident is $62,875 a year. The US average is $69,021 a year.