Benton township (Cheboygan Cnty), MI is a small town located in the northern part of Michigan. This town offers a variety of amenities, making it an ideal place to live. Rent for two bedroom apartments is significantly lower than the national average, at $900 compared to $1,430. Grocery costs are also much more affordable in Benton township, with the index being around 91 compared to 100 in the US. There are a variety of local businesses that contribute to life in this small town, such as Cheboygan Lumber Company, O'Neil's Automotive Repair and B&K General Store. These businesses offer goods and services to locals and visitors alike, helping to create a vibrant community atmosphere throughout Benton township.
Benton township (Cheboygan County) has an unemployment rate of 13.1%. The US average is 6.0%.
Benton township (Cheboygan County) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Benton township (Cheboygan County)
- The Sales Tax Rate for Benton township (Cheboygan County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benton township (Cheboygan County) 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 Benton township (Cheboygan County)
- The average income of a Benton township (Cheboygan County) resident is $26,663 a year. The US average is $28,555 a year.
- The Median household income of a Benton township (Cheboygan County) resident is $56,369 a year. The US average is $69,021 a year.