Eastport, MI is a small town located in the outskirts of Michigan. The town has an inexpensive cost of living that makes it ideal for those looking for a budget-friendly place to live. The average two bedroom rent in Eastport is $1,490 compared to the US average of $1,430. Additionally, the grocery cost index in Eastport is 96 versus 100 in the US. \nSome local businesses include Dalton’s Grocery Store, Johnson’s Automotive Repair Shop and Geller’s Hardware Store. These businesses provide essential services to residents living in Eastport while providing additional job opportunities for locals. Overall, Eastport is a great place to live due its affordable cost of living and convenient access to essential services.
Eastport has an unemployment rate of 7.8%. The US average is 6.0%.
Eastport has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Eastport
- The Sales Tax Rate for Eastport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eastport 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 Eastport
- The average income of a Eastport resident is $37,481 a year. The US average is $37,638 a year.
- The Median household income of a Eastport resident is $48,047 a year. The US average is $69,021 a year.