Ravenna, MI is a small city located in Muskegon County. It offers an affordable cost of living with a two bedroom rent at $970 compared to $1,430 in the US, and a grocery cost index of 94 compared to 100. Ravensa is home to many businesses and services including the Ravenna Hardware Store, Ravenna Veterinary Clinic, Ravenna Senior Center and more. The city also offers plenty of outdoor recreation opportunities such as fishing, hiking trails and beach access. There is something for everyone who lives or visits Ravenna.
Ravenna has an unemployment rate of 7.5%. The US average is 6.0%.
Ravenna has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Ravenna
- The Sales Tax Rate for Ravenna is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ravenna 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 Ravenna
- The average income of a Ravenna resident is $22,902 a year. The US average is $28,555 a year.
- The Median household income of a Ravenna resident is $59,792 a year. The US average is $69,021 a year.