Lake Leelanau, MI is a picturesque village located in Northern Michigan. It is situated on the western side of Lake Leelanau and offers breathtaking views throughout the area. The village has a variety of local businesses to offer visitors, including restaurants, cafes, bars, and shops. Tourists can also have access to outdoor activities such as fishing, boating, sailing, camping, swimming, and hiking. For those looking for a more relaxing experience there are spas and art galleries. Popular attractions include a public beach with boat launch ramps, The Leelanau Trail which is an extensive network of trails for biking and walking around the lake, Leland Harbor Marina which provides sailboat charters for sightseeing trips along Lake Michigan’s shoreline. There are also numerous wineries in the area that produce some of the state’s finest wines during harvest season every year. Renters in Lake Leelanau can expect to pay $1,230 for a 2-bedroom rental while prices are higher nationally at $1,430 per month. Grocery Cost Index here is lower than US average at 98 versus 100 respectively. All in all Lake Leelanau makes for an unforgettable destination with its unique combination of natural beauty and engaging activities offered by local companies and attractions.
Lake Leelanau has an unemployment rate of 6.1%. The US average is 6.0%.
Lake Leelanau has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Lake Leelanau
- The Sales Tax Rate for Lake Leelanau is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Leelanau 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 Lake Leelanau
- The average income of a Lake Leelanau resident is $23,725 a year. The US average is $28,555 a year.
- The Median household income of a Lake Leelanau resident is $52,969 a year. The US average is $69,021 a year.