Essexville, MI is a small town located in Bay County. It has a population of just over 3,000 people, making it an ideal place for those looking to live in a more rural area. The average rent for a two-bedroom apartment in Essexville is $850 which is significantly lower than the national average of $1,430 for the same size apartment. The grocery cost index is also much lower than the US as a whole with 91 versus 100 respectively. With its close proximity to Saginaw Bay, there are plenty of opportunities for recreational activities such as fishing and boating. Local companies include Michigan Sugar Company and Essexville Electric Co. Popular attractions include St Charles Park and the Essexville Historical Museum.
Essexville has an unemployment rate of 6.4%. The US average is 6.0%.
Essexville 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 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Essexville
- The Sales Tax Rate for Essexville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Essexville 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 Essexville
- The average income of a Essexville resident is $32,297 a year. The US average is $37,638 a year.
- The Median household income of a Essexville resident is $64,643 a year. The US average is $69,021 a year.