Wellston, MI Economy


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United States / Michigan / No Metro Area / Manistee County / Wellston / Zip Codes
Wellston, MI is a small city located in Michigan. The local housing market is quite affordable with the average 2-bedroom rent costing $910 per month which is significantly lower than the US average of $1,430. Additionally, grocery costs are lower than the US index measuring 88 versus 100 in the US. There are plenty of local businesses to check out such as Garden Hill Restaurant and Bar, Ralz Auto Repair & Towing, as well as Andersen Property Services. For entertainment, you can visit Wellston's Recreation Park which features an outdoor pool and playground for families or take a walk down Main Street to enjoy some live music at O'Neals Pub & Grill.

Wellston has an unemployment rate of 7.6%. The US average is 6.0%.

Wellston has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Wellston
- The Sales Tax Rate for Wellston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wellston 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 Wellston
- The average income of a Wellston resident is $16,473 a year. The US average is $28,555 a year.
- The Median household income of a Wellston resident is $35,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellston, MichiganUnited States
  7.66
  -7.0%-6.2%
  22.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $19,530$37,638
  $35,833$69,021
  $49,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  11.5%10.0%
  3.1%2.5%
  4.2%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.3%4.2%
  0.0%9.3%
  13.5%14.0%
  8.3%2.1%
  19.8%7.0%
  0.0%4.8%
  28.1%4.7%
Reviews for Wellston
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Over 5 years ago

Love the people that live here, always friendly and willing to help you!!! We come up to Wellston from Indiana at least once or twice a month, awesome  More

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