Omena, MI Economy


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Omena, MI is a small village in the northern lower peninsula of Michigan. It is located on the beautiful Leelanau peninsula and surrounded by Lake Michigan. Omena is home to a few local businesses including the Omena General Store, Anderson Orchards, and the Little Fleet restaurant. The village also has several attractions such as Lighthouse Park and West Bay Beach, a popular spot for swimming and boating during summer months. With a grocery cost index of 98 versus 100 in the US and 2 bedroom rent averaging at $1,590 compared to $1,430 in the US, living in Omena can be more affordable than other areas.

Omena has an unemployment rate of 6.1%. The US average is 6.0%.

Omena 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 Omena
- The Sales Tax Rate for Omena is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Omena 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 Omena
- The average income of a Omena resident is $24,759 a year. The US average is $28,555 a year.
- The Median household income of a Omena resident is $78,077 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOmena, MichiganUnited States
  6.16
  -6.4%-6.2%
  28.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,886$37,638
  $78,077$69,021
  $79,615$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  22.2%6.8%
  20.8%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  6.9%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  18.1%2.1%
  12.5%7.0%
  6.9%4.8%
  6.9%4.7%
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