Pine, MI is an attractive city for individuals and families looking to save on rental costs and groceries. The 2 bedroom rent in Pine, MI is $940 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Pine, MI is 92 compared to 100 in the US. This means that groceries are cheaper in Pine, MI than in other parts of the country. Local companies such as Pine Real Estate Agency and Grocers Market can benefit from this data by offering their services to potential customers looking for low rent rates and cheap groceries.
Pine has an unemployment rate of 5.8%. The US average is 6.0%.
Pine 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 Pine
- The Sales Tax Rate for Pine is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pine 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 Pine
- The average income of a Pine resident is $21,662 a year. The US average is $28,555 a year.
- The Median household income of a Pine resident is $63,967 a year. The US average is $69,021 a year.