Port Sheldon, MI Economy


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Port Sheldon is a small town located in Michigan, offering a variety of entertainment, dining, and shopping options for residents. The cost of living in Port Sheldon is relatively low compared to many other parts of the country – for example, 2 bedroom rent in Port Sheldon is $1,250 while it’s $1,430 in the US. Additionally, grocery costs index is 99 vs 100 in the US. Some popular local companies include Port Sheldon Printing Co., Aunt Mary's Bakery & Cafe, and Beach Town Insurance Agency. Whether you're looking to move or just taking a vacation to explore this beautiful area, Port Sheldon offers a great balance between convenience and affordability.

Port Sheldon has an unemployment rate of 4.3%. The US average is 6.0%.

Port Sheldon has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Port Sheldon
- The Sales Tax Rate for Port Sheldon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Port Sheldon 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 Port Sheldon
- The average income of a Port Sheldon resident is $48,546 a year. The US average is $37,638 a year.
- The Median household income of a Port Sheldon resident is $93,614 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Sheldon, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Port Sheldon
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Over 15 years ago

We have recently moved to Portsheldon Township just love the area and the neighborhood but the only set back it there is not internet service or cable TV with HD in most  More

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