Antrim, MI is a small town located in northern Michigan. Despite its size, it has a great deal to offer renters. The average two-bedroom rent in Antrim is $1,010 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Antrim is 94 which is 6 points lower than the national median of 100. This makes living costs more affordable for those looking to settle down here.
There are plenty of local businesses that make up the economy of this small town. These include grocery stores such as Boar's Head Market and Sonic Drive-In; furniture stores like Simons Interiors & Furnishings; restaurants like Toni's Country Kitchen and Spondivits Seafood Grill; and entertainment venues such as the Redwood Theater and Bay Point Beach Park. With all these amenities, Antrim provides a great community for anyone looking for a new home in northern Michigan.
Antrim has an unemployment rate of 5.6%. The US average is 6.0%.
Antrim has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Antrim
- The Sales Tax Rate for Antrim is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Antrim 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 Antrim
- The average income of a Antrim resident is $20,900 a year. The US average is $28,555 a year.
- The Median household income of a Antrim resident is $74,400 a year. The US average is $69,021 a year.