Calumet, Michigan is a small town located in the Upper Peninsula of Michigan. It is known for its outdoor activities and scenic views of Lake Superior, as well as its affordable living costs. The two bedroom rental rates are more than 50 per cent below the national average, making it an attractive option for those looking to move to the area. Grocery costs are also lower than average, with an index of 89 compared 100 nationally. There are numerous attractions and businesses to explore in Calumet, from the local brewery to golf courses and winter sports venues like Calumet Ski Hill and Osceola Ski Area. Other local companies include a variety of restaurants, a farmers market, shops, antique stores, and even a casino.
Calumet has an unemployment rate of 5.4%. The US average is 6.0%.
Calumet has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Calumet
- The Sales Tax Rate for Calumet is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Calumet 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 Calumet
- The average income of a Calumet resident is $12,599 a year. The US average is $28,555 a year.
- The Median household income of a Calumet resident is $19,028 a year. The US average is $69,021 a year.