Ossineke Township, MI is an area located in Alpena County of Michigan with a population of around 3,000 people. It is a rural community that offers affordable living costs compared to other parts of the US. The average 2 bedroom rent in Ossineke Township is $910 while it is $1,430 on average in the US. Additionally, the Grocery Cost Index in Ossineke township is 92 versus 100 in the US. Some local companies include Outdoorsman Grocery, Valley Farms Inc., Lee’s Market & Deli and more. \nThe main difference between Ossineke Township and the US overall is cost of living: rental prices are much cheaper, as well as grocery costs due to local farmers’ markets being available throughout town. Additionally, residents benefit from being surrounded by nature; some popular outdoor activities include fishing on lakes Huron or Miller or visiting nearby State Parks and Forests for camping and hiking trips.
Ossineke township has an unemployment rate of 6.0%. The US average is 6.0%.
Ossineke township has seen the job market increase by 0.0% 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 Ossineke township
- The Sales Tax Rate for Ossineke township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ossineke 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 Ossineke township
- The average income of a Ossineke township resident is $18,612 a year. The US average is $28,555 a year.
- The Median household income of a Ossineke township resident is $43,672 a year. The US average is $69,021 a year.