Beulah, MI Economy


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Beulah, MI is a small town in the heart of Michigan with plenty of regional amenities and attractions. It is situated close to a number of lakes, woods, and outdoor recreation areas, making it an ideal destination for those looking for an escape from the hustle and bustle of city life. Local companies in Beulah include The Cherry Hut restaurant and Beulah Creek Country Store. The cost of living in Beulah is relatively low compared to other parts of the US; the average rent for a two-bedroom apartment is $980 compared to $1,430 nationwide; while grocery prices are also lower here than elsewhere in the US (94 versus 100).

Beulah has an unemployment rate of 6.9%. The US average is 6.0%.

Beulah has seen the job market increase by 1.6% 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 Beulah
- The Sales Tax Rate for Beulah is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beulah 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 Beulah
- The average income of a Beulah resident is $22,752 a year. The US average is $28,555 a year.
- The Median household income of a Beulah resident is $65,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeulah, MichiganUnited States
  6.96
  -6.7%-6.2%
  31.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,079$37,638
  $65,179$69,021
  $79,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.8%6.8%
  8.6%10.0%
  0.0%2.5%
  15.5%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  13.8%7.6%
  0.0%0.1%
  0.0%4.2%
  3.4%9.3%
  19.0%14.0%
  0.0%2.1%
  13.8%7.0%
  0.0%4.8%
  6.9%4.7%
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