Saranac, Michigan 

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Economy in Saranac, Michigan

Saranac has an unemployment rate of 3.6%. The US average is 3.9%.

Saranac has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Saranac
- The Sales Tax Rate for Saranac is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saranac 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 Saranac
- The average income of a Saranac resident is $15,833 a year. The US average is $28,555 a year.
- The Median household income of a Saranac resident is $31,641 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSaranac, MichiganUnited States
  3.6%3.9%
  1.3%1.6%
  32.3%33.5%
  6.0%7.3%
  4.3%4.6%
  $21,980$31,177
  $38,958$57,652
  $51,339$70,850
  POPULATION BY OCCUPATION
  2.3%1.3%
  0.0%0.6%
  7.8%6.2%
  20.8%10.4%
  0.8%2.7%
  10.1%11.6%
  3.6%4.1%
  0.0%0.9%
  2.1%2.1%
  1.5%4.7%
  5.7%1.9%
  1.3%6.7%
  0.0%0.1%
  4.6%4.3%
  8.4%9.3%
  9.9%13.8%
  0.6%2.2%
  5.9%7.4%
  6.7%4.9%
  8.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    MAPS OF SARANAC, MICHIGAN
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Saranac,Michigan Map
    ZIP CODES IN SARANAC, MICHIGAN
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    NEW LISTINGS IN SARANAC
    $109,900
    3027 Peck Lake Rd
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    $309,000
    6732 Shoreline Ct
    Bed 2 | Bath 2

    $325,000
    7122 Sayles Rd
    Bed 6 | Bath 4

    $229,000
    6652 Shoreline Ct
    Bed 2 | Bath 2

    $309,000
    5785 Nash Rd
    Bed 3 | Bath 2


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