Benzonia, MI is a small town in Benzie County with a tight-knit community and numerous amenities. It is known for its beautiful natural landscape, easy access to outdoor activities, and affordability. Renting a two bedroom apartment in Benzonia averages around $1,000 per month which is substantially less than the national average of $1,430. The cost of groceries in Benzonia is also lower than US average with an index rate of 93 versus 100. This makes Benzonia an attractive option for those looking to live comfortably without breaking the bank. Local companies include Benzie Bus Service, Crystal Mountain Resort & Spa, and RedBud Pizza Co., to name a few. With its low cost of living and ease of access to recreational activities, it is easy to see why many people consider Benzonia their home.
Benzonia has an unemployment rate of 6.9%. The US average is 6.0%.
Benzonia has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Benzonia
- The Sales Tax Rate for Benzonia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benzonia 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 Benzonia
- The average income of a Benzonia resident is $24,408 a year. The US average is $37,638 a year.
- The Median household income of a Benzonia resident is $48,750 a year. The US average is $69,021 a year.