Keego Harbor, MI is an attractive place to live with its relatively low rent and cost of living. According to the data provided, the average 2 bedroom rent in Keego Harbor is $1,260 compared to the US average of $1,430. Similarly, grocery cost index in Keego Harbor is 96 compared to 100 in the US. This makes it easier for local residents to stretch their budgets further. Some notable companies located in Keego Harbor include Regal Marine Industries, Inc., Creative Finishes USA and C & K Steel Corporation. In conclusion, Keego Harbor has a lot going for it with its low rents and living costs as well as having some great local businesses that help strengthen the local economy.
Keego Harbor has an unemployment rate of 3.5%. The US average is 6.0%.
Keego Harbor has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Keego Harbor
- The Sales Tax Rate for Keego Harbor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Keego Harbor 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 Keego Harbor
- The average income of a Keego Harbor resident is $25,135 a year. The US average is $28,555 a year.
- The Median household income of a Keego Harbor resident is $63,095 a year. The US average is $69,021 a year.