Pearl Beach, MI is a vibrant small town located on the shores of Lake Michigan. It is known for its beautiful beaches, quaint shops, and delicious restaurants. The local rental market in Pearl Beach, MI is quite affordable with two-bedroom units renting on average for $1,190 compared to the US average of $1,430. Similarly, grocery costs in Pearl Beach are also quite a bargain at 95 versus 100 in the US. Popular local companies include Pearl Beach Coffee Co., which has been serving the community since 1993; Garrett’s Eatery & Deli offering classic comfort food; and Layne’s General Store providing all your essential items.
Pearl Beach has an unemployment rate of 4.5%. The US average is 6.0%.
Pearl Beach has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Pearl Beach
- The Sales Tax Rate for Pearl Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pearl Beach 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 Pearl Beach
- The average income of a Pearl Beach resident is $30,572 a year. The US average is $28,555 a year.
- The Median household income of a Pearl Beach resident is $65,583 a year. The US average is $69,021 a year.