Luna Pier, MI is a small town situated on Lake Erie in Monroe County, Michigan. It is a great place to live for those who seek a tranquil atmosphere with plenty of outdoor activities and close proximity to Detroit. The cost of living in Luna Pier is quite affordable, with 2 bedroom rent standing at $890 while the US average is $1,430. Additionally, the Grocery Cost Index in Luna Pier is 92 versus 100 in the US, making it an economical place to reside. Furthermore, Luna Pier offers several local shops and restaurants like Lundy’s Tavern and Lighthouse Inn that provide residents with amenities without breaking their budget. All in all, Luna Pier provides its citizens with both affordability and peace of mind.
Luna Pier has an unemployment rate of 5.6%. The US average is 6.0%.
Luna Pier has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Luna Pier
- The Sales Tax Rate for Luna Pier is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Luna Pier 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 Luna Pier
- The average income of a Luna Pier resident is $28,710 a year. The US average is $28,555 a year.
- The Median household income of a Luna Pier resident is $42,125 a year. The US average is $69,021 a year.