Pentwater township, in Michigan, is an affordable place to live. A two bedrooms rent can be found for $910 per month on average, significantly lower than the U.S. average of $1,430. In addition to the affordable rent prices, there is also a low grocery cost index with 97 points compared to 100 in the U.S. Pentwater Township has plenty of local companies for residents to explore including Pentwater Mercantile Company which offers household items and apparel or Big Buck Brewery & Steakhouse which serves up fresh craft beer and steaks. All in all, Pentwater Township provides an excellent opportunity for people who are looking for a place to settle down with a relatively low cost of living.
Pentwater township has an unemployment rate of 8.0%. The US average is 6.0%.
Pentwater township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Pentwater township
- The Sales Tax Rate for Pentwater township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pentwater 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 Pentwater township
- The average income of a Pentwater township resident is $29,138 a year. The US average is $28,555 a year.
- The Median household income of a Pentwater township resident is $70,897 a year. The US average is $69,021 a year.