Lake Township (Huron Cnty), MI is a great place to live! It is located in the northeast region of Michigan, offering access to incredible outdoor activities like boating, fishing, and hiking. The cost of living in Lake Township is very affordable with an average two-bedroom rent being $840 compared to the US rate of $1,430. Additionally, grocery costs are also lower than the national average with a grocery cost index of 91. Local businesses and attractions include Lake Huron Campground for amazing camping experiences steps away from Lake Huron, Thumb Brewery for delicious craft beer, and 42 North Marine for boat sales and services. With so much to offer it's no wonder that Lake Township (Huron Cnty), MI continues to be such a popular destination for those seeking an affordable and enjoyable place to call home.
Lake township (Huron County) has an unemployment rate of 5.7%. The US average is 6.0%.
Lake township (Huron County) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Lake township (Huron County)
- The Sales Tax Rate for Lake township (Huron County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lake township (Huron County) 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 township (Huron County)
- The average income of a Lake township (Huron County) resident is $41,634 a year. The US average is $37,638 a year.
- The Median household income of a Lake township (Huron County) resident is $65,927 a year. The US average is $69,021 a year.