Kenockee, MI is a small town located in the east side of Michigan. It is known for its friendly atmosphere and competitive rent prices. The 2 bedroom rent in Kenockee, MI is only $1,050 a month compared to the US average of $1,430. In addition to affordable living prices, groceries are also more economical in Kenockee with a grocery cost index of 95 versus 100 in the US. Despite its small population size, there are many local companies that provide employment opportunities for locals such as AutoNation Auto Auction Detroit-Flint, Ferndale Electric Co., Kwik-Kut Manufacturing Company and Adage Metal Fabrication Inc.
Kenockee has an unemployment rate of 4.5%. The US average is 6.0%.
Kenockee has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Kenockee
- The Sales Tax Rate for Kenockee is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kenockee 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 Kenockee
- The average income of a Kenockee resident is $25,686 a year. The US average is $28,555 a year.
- The Median household income of a Kenockee resident is $65,313 a year. The US average is $69,021 a year.