Glen Arbor Township, MI is a great place to live for those looking for affordable rent and cost of living. With two bedrooms renting at $1,290 compared to the US average of $1,430, it's an attractive area for those seeking a budget friendly lifestyle. The Grocery Cost Index in Glen Arbor Township is also more economical than the US average by 1 percent.
The township has plenty of local businesses for residents to explore such as the Cherry Republic store which offers gourmet food products unique to Michigan. It also has the M22 store, which features apparel inspired by locals and their love of Lake Michigan. There are several restaurants in the area including Boone Docks Bar & Grill and Art’s Tavern. For recreational activities there is The Sleeping Bear Dunes National Lakeshore which offers hiking, camping, swimming and fishing opportunities. Glen Arbor Township is an attractive area with plenty of local amenities available for all its residents.
Glen Arbor township has an unemployment rate of 6.1%. The US average is 6.0%.
Glen Arbor township has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Glen Arbor township
- The Sales Tax Rate for Glen Arbor township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glen Arbor township 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 Glen Arbor township
- The average income of a Glen Arbor township resident is $69,610 a year. The US average is $37,638 a year.
- The Median household income of a Glen Arbor township resident is $94,375 a year. The US average is $69,021 a year.