Northport, MI is a charming small town located in Michigan's Leelanau County. This tranquil community offers plenty of local amenities and attractions, including restaurants, shops, parks, and more. Businesses in Northport include popular eateries like Boonedocks Bar & Grill and The Little Fleet; local shops like Tumbledown Trails Boutique and Northport Natural Foods; and outdoor recreational activities at Elberta Beach Park. The cost of living in Northport is very affordable compared to other areas of the country. Average 2-bedroom rent for the area is $1,270 per month which is significantly lower than the national average rent price of $1,430 per month. Additionally, the grocery cost index for Northport is 100 versus 100 for the US – meaning that groceries are just as affordable here as anywhere else in the country.
Northport has an unemployment rate of 6.1%. The US average is 6.0%.
Northport 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 Northport
- The Sales Tax Rate for Northport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Northport 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 Northport
- The average income of a Northport resident is $25,404 a year. The US average is $28,555 a year.
- The Median household income of a Northport resident is $62,813 a year. The US average is $69,021 a year.