Crystal Mountain, MI Economy


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Crystal Mountain, MI is a great place to call home. The average 2 bedroom rent is $1,010, which is almost $400 cheaper than the national average of $1,430. Additionally, the grocery cost index is 91 versus 100 in the US making it an attractive option for those looking to save money. The area offers many local businesses such as a Piedmont Theater, Crystal Lake Cafe and Grille, and Agencies Plus Insurance Office; providing plenty of employment opportunities for its residents. On top of that, Crystal Mountain provides an overall lower cost of living than most other places in the United States with its low rent prices and general cost of goods.

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

Crystal Mountain 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 Crystal Mountain
- The Sales Tax Rate for Crystal Mountain is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crystal Mountain 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 Crystal Mountain
- The average income of a Crystal Mountain resident is $51,378 a year. The US average is $37,638 a year.
- The Median household income of a Crystal Mountain resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrystal Mountain, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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