L Anse township, MI Economy


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United States / Michigan / No Metro Area / Baraga County / L Anse township / Zip Codes
L'Anse Township, MI is a small town with a population of around 1,719 people located in Baraga County. The cost of living here is lower than the United States average; for example, two bedroom rent in L'Anse Township is $820 whereas it is $1,430 across the US, and the Grocery Cost Index stands at 90 versus 100 in the US. Local companies that serve this area include L'Anse Community Credit Union, which offers financial services to residents of L'Anse and surrounding townships; Bear Construction Company, a locally-owned business specializing in residential and commercial construction services; and Seaman's True Value Hardware Store. All these businesses offer competitive prices for goods and services to help locals keep their costs low.

L'Anse township has an unemployment rate of 8.0%. The US average is 6.0%.

L'Anse township has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 15.5%, which is lower than the US average of 33.5%.

Tax Rates for L'Anse township
- The Sales Tax Rate for L'Anse township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for L'Anse 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 L'Anse township
- The average income of a L'Anse township resident is $21,660 a year. The US average is $28,555 a year.
- The Median household income of a L'Anse township resident is $48,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyL'Anse township, MichiganUnited States
  86
  -7.2%-6.2%
  15.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,791$37,638
  $48,000$69,021
  $61,058$85,028
  Population by Occupation
  1.8%1.2%
  0.5%0.5%
  8.0%6.8%
  13.5%10.0%
  0.2%2.5%
  13.4%11.0%
  2.3%4.8%
  3.4%0.8%
  1.0%1.9%
  2.4%4.7%
  1.7%1.9%
  1.5%7.6%
  0.0%0.1%
  1.3%4.2%
  7.0%9.3%
  20.5%14.0%
  2.2%2.1%
  4.0%7.0%
  3.4%4.8%
  11.7%4.7%
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