Lakeview, MI is a small town located in the Lower Peninsula of Michigan. It is known for its quaint atmosphere and community-oriented culture. Rent for two-bedroom apartments in Lakeview is quite affordable at $840 per month, making it an attractive option for those looking to live in a rural area while still having access to larger cities. Additionally, the grocery cost index in Lakeview is 92 compared to 100 in the US, demonstrating that groceries here are relatively cheaper than the national average.
The local economy of Lakeview relies heavily on its agricultural sector. Companies such as Lakeview Growers and Veggin’ Out Farms provide fresh produce and other farm products to nearby restaurants and stores. In addition to agriculture, there are several small businesses within the city such as Main Street Café and The Rustic Reel which offer unique dining experiences for locals and visitors alike.
Lakeview also has some great schools like Green Oaks Elementary School and Little Fox Preschool where young students can get an excellent education from experienced educators. There are also plenty of recreational activities available in Lakeview like golfing at Twin Pines Golf Course or swimming at Clearwater Beach on Tubbs Lake. For those who prefer indoor activities there's always painting pottery or playing video/arcade games at Retro Arcade & Barcade. All these attractions make Lakeview an ideal place for people of all ages to enjoy life outside of city life.
Lakeview has an unemployment rate of 5.8%. The US average is 6.0%.
Lakeview has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Lakeview
- The Sales Tax Rate for Lakeview is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeview 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 Lakeview
- The average income of a Lakeview resident is $13,955 a year. The US average is $28,555 a year.
- The Median household income of a Lakeview resident is $32,417 a year. The US average is $69,021 a year.