Onekama, MI Economy


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United States / Michigan / No Metro Area / Manistee County / Onekama / Zip Codes
Onekama, Michigan is a small town located in Manistee County with a population of roughly 750 people. It has become a popular tourist destination due to its lakefront location on Portage Lake and its close proximity to many recreational areas. The cost of living in Onekama is lower than the national average; 2 bedroom rent averages at $830 compared to $1,430 nationally and the grocery cost index is 97 versus 100 in the US. Local businesses include North Winds Market, Apple Blossom Eatery, Oleson's Food Store, and One Stop Party Shoppe.

Onekama has an unemployment rate of 7.6%. The US average is 6.0%.

Onekama 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 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Onekama
- The Sales Tax Rate for Onekama is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Onekama 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 Onekama
- The average income of a Onekama resident is $22,377 a year. The US average is $28,555 a year.
- The Median household income of a Onekama resident is $39,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOnekama, MichiganUnited States
  7.66
  -7.0%-6.2%
  22.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,724$37,638
  $39,583$69,021
  $92,321$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  18.2%10.0%
  4.4%2.5%
  5.5%11.0%
  3.9%4.8%
  0.0%0.8%
  0.0%1.9%
  3.3%4.7%
  1.1%1.9%
  2.8%7.6%
  0.0%0.1%
  3.3%4.2%
  5.5%9.3%
  12.2%14.0%
  0.0%2.1%
  22.1%7.0%
  0.0%4.8%
  12.2%4.7%
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