Spurr, MI Economy


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United States / Michigan / No Metro Area / Baraga County / Spurr / Zip Codes
Spurr, MI is a great place to live with affordable housing options and lower costs of living. The average rent for a two-bedroom apartment in Spurr is $910 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Spurr is 92 versus 100 in the US. This makes it an attractive option for those looking to save money on their day-to-day living expenses. With its small-town charm and natural beauty, there are plenty of local attractions for residents to enjoy. Some popular sites include the Copper Country State Forest, Nara Nature Park, Portage Lake Golf Course, and Bewabic State Park. Spurr is also home to many businesses including Keweenaw Bay Indian Community Tribal Health Center and White Pine Public Library.

Spurr has an unemployment rate of 8.0%. The US average is 6.0%.

Spurr has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 15.5%, which is lower than the US average of 33.5%.

Tax Rates for Spurr
- The Sales Tax Rate for Spurr is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spurr 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 Spurr
- The average income of a Spurr resident is $29,738 a year. The US average is $28,555 a year.
- The Median household income of a Spurr resident is $71,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpurr, MichiganUnited States
  86
  -7.2%-6.2%
  15.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $37,185$37,638
  $71,875$69,021
  $76,250$85,028
  Population by Occupation
  0.9%1.2%
  17.9%0.5%
  1.7%6.8%
  7.7%10.0%
  0.0%2.5%
  22.2%11.0%
  5.1%4.8%
  0.0%0.8%
  1.7%1.9%
  0.9%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  8.5%4.2%
  2.6%9.3%
  13.7%14.0%
  0.9%2.1%
  5.1%7.0%
  3.4%4.8%
  6.0%4.7%
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