Ocqueoc, MI is a small town located in the Northern Lower Peninsula of Michigan. It has a population of about 450 people and enjoys a peaceful atmosphere. The rent for a two-bedroom apartment averages around $820 per month, which is significantly lower than the US average of $1,430 per month. Similarly, grocery prices are also relatively low with an index score of 92 compared to 100 in the US. This makes Ocqueoc an affordable place to live.
The town center is home to several local businesses such as B&B Hardware & Crop Supply Store, Lakeview Farm Market & Dairy Store, and Mike's Pizza Place. In addition, there are several restaurants like Fair Haven Fish Frye and Copper Top Bar & Grill available for dining out. With its low cost of living and wide range of amenities, Ocqueoc is a great place to call home.
Ocqueoc has an unemployment rate of 9.5%. The US average is 6.0%.
Ocqueoc has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 11.8%, which is lower than the US average of 33.5%.
Tax Rates for Ocqueoc
- The Sales Tax Rate for Ocqueoc is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ocqueoc 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 Ocqueoc
- The average income of a Ocqueoc resident is $26,422 a year. The US average is $28,555 a year.
- The Median household income of a Ocqueoc resident is $55,357 a year. The US average is $69,021 a year.