Iosco, MI is a small city located in Michigan. It has a wide variety of local companies, such as Iosco Regional Medical Center, Tawas Bay Beach Resort, East Tawas City Hall, and Iosco County Community Foundation. The cost of living in Iosco is quite affordable; 2 bedroom rent is around $1,270 compared to the US average of $1,430. Additionally, the Grocery Cost Index for Iosco is 97 versus 100 in the US. Overall, it is a great place to live with plenty of resources and an affordable cost of living.
Iosco has an unemployment rate of 3.3%. The US average is 6.0%.
Iosco has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Iosco
- The Sales Tax Rate for Iosco is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Iosco 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 Iosco
- The average income of a Iosco resident is $29,016 a year. The US average is $28,555 a year.
- The Median household income of a Iosco resident is $99,240 a year. The US average is $69,021 a year.