Mackinaw, MI Economy


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United States / Michigan / No Metro Area / Cheboygan County / Mackinaw / Zip Codes
Mackinaw, MI is a great place to live, with lower costs of living compared to the US average. Rent for two bedroom apartments in Mackinaw is $880 per month, which is much lower than the US average of $1,430. Additionally grocery costs in Mackinaw are 92 versus 100 in the US, making it an affordable place to buy groceries. There are many businesses and companies that call Mackinaw home such as Woodmere Gourmet Market, A Cut Above Deli & Catering and Blarney Castle Oil Co Inc. There is something for everyone in Mackinaw!

Mackinaw has an unemployment rate of 13.1%. The US average is 6.0%.

Mackinaw has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Mackinaw
- The Sales Tax Rate for Mackinaw is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mackinaw 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 Mackinaw
- The average income of a Mackinaw resident is $33,778 a year. The US average is $37,638 a year.
- The Median household income of a Mackinaw resident is $55,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMackinaw, MichiganUnited States
  13.16
  -8.7%-6.2%
  17.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,778$37,638
  $55,417$69,021
  $82,656$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  14.2%10.0%
  0.0%2.5%
  25.5%11.0%
  7.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  3.5%9.3%
  12.1%14.0%
  9.9%2.1%
  21.3%7.0%
  3.5%4.8%
  0.0%4.7%
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