Michiana Shores, IN is a great place to live for those looking for an affordable cost of living. On average the 2 bedroom rent in Michiana Shores is $930, which is significantly lower than the US average of $1,430. Additionally, their Grocery Cost Index is 92 as opposed to 100 in the US. This makes Michiana Shore an attractive location for those who want to save money. There are several local companies in the area such as Ogren Construction, Home Remedies Painting and Decorating and Cressy & Everett Real Estate. All these businesses offer excellent services that make living in Michiana Shores more enjoyable.
Michiana Shores has an unemployment rate of 6.7%. The US average is 6.0%.
Michiana Shores has seen the job market decrease by -0.1% 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 Michiana Shores
- The Sales Tax Rate for Michiana Shores is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Michiana Shores is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Michiana Shores
- The average income of a Michiana Shores resident is $53,993 a year. The US average is $28,555 a year.
- The Median household income of a Michiana Shores resident is $81,250 a year. The US average is $69,021 a year.