Raber, MI is a small city located in the Upper Peninsula of Michigan. The city offers residents an affordable housing market, with two-bedroom rents averaging $890 per month compared to the US average of $1,430. Grocery costs are also much lower than the national average, making it a great place for those on a budget. Aside from being a great area for cost savings, Raber has plenty to do – there are outdoor activities such as camping and fishing at nearby lakes and parks, and local businesses such as H&M Travel Plaza that offer gas and convenience store items. Shopping centers like the local Meijer bring even more variety to shopping needs. Visitors can also enjoy the local history by visiting historical sites like the U.S.-Canadian border marker or St. Ignace State Historic Park.
Raber has an unemployment rate of 7.3%. The US average is 6.0%.
Raber has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Raber
- The Sales Tax Rate for Raber is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Raber 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 Raber
- The average income of a Raber resident is $23,772 a year. The US average is $28,555 a year.
- The Median household income of a Raber resident is $39,792 a year. The US average is $69,021 a year.