Sage, MI Economy


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United States / Michigan / No Metro Area / Gladwin County / Sage / Zip Codes
Sage, MI is a small town located in Michigan. It offers a variety of attractions that make it an attractive place to live and work. The cost of living is quite affordable with two bedroom rentals at $910 per month. In comparison the US 2 bedroom rental rate is $1,430 per month and grocery cost index in Sage, MI is 91 versus 100 in the US. Residents of Sage enjoy access to local businesses such as Sage Hardware & Supply Co., White's Automotive Repair, and J&J Nuts & Bolts. Additionally there are plenty of recreational activities in the area such as skiing, fishing and hiking. With its low cost of living and many amenities, Sage, MI is a great place to call home.

Sage has an unemployment rate of 7.5%. The US average is 6.0%.

Sage 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 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Sage
- The Sales Tax Rate for Sage is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sage 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 Sage
- The average income of a Sage resident is $18,016 a year. The US average is $28,555 a year.
- The Median household income of a Sage resident is $47,198 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySage, MichiganUnited States
  7.56
  -4.7%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,140$37,638
  $47,198$69,021
  $63,676$85,028
  Population by Occupation
  0.9%1.2%
  0.4%0.5%
  18.3%6.8%
  11.8%10.0%
  1.1%2.5%
  3.0%11.0%
  1.2%4.8%
  0.2%0.8%
  1.7%1.9%
  3.5%4.7%
  2.7%1.9%
  1.4%7.6%
  0.0%0.1%
  4.0%4.2%
  9.8%9.3%
  20.3%14.0%
  2.6%2.1%
  3.3%7.0%
  4.5%4.8%
  9.5%4.7%
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