Carney, MI is a small town with a population of about 1,500 people. It is located in the Upper Peninsula of Michigan and offers many opportunities for outdoor activities. The cost of living is fairly low compared to other parts of the state. The average 2 bedroom rent in Carney, MI is $850 versus an average of $1,430 in the US. Grocery costs in Carney are also cheaper with an index rating of 91 versus 100 in the US. Local companies in Carney include Carney Lumber Company, Carney Auto Parts and Carney Hardware Store. Amenities available to residents include grocery stores, banks, restaurants and parks.
Carney has an unemployment rate of 4.7%. The US average is 6.0%.
Carney has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.
Tax Rates for Carney
- The Sales Tax Rate for Carney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carney 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 Carney
- The average income of a Carney resident is $18,229 a year. The US average is $28,555 a year.
- The Median household income of a Carney resident is $41,250 a year. The US average is $69,021 a year.