South Branch township (Wexford Cnty), MI is an attractive residential area located in the northern parts of Michigan state. It offers a variety of activities and amenities for its residents. The town is home to several local businesses, such as South Branch Brewing Company, Lake City Pizza, and Cedar Lanes Bowling Alley. There are also plenty of outdoor activities available for those who enjoy the outdoors, including golf courses, hiking trails, camping sites, and fishing areas. Additionally, the town boasts some tourist attractions such as parks, museums, and the Wexford County Historical Museum. All these attractions make South Branch township (Wexford Cnty), MI a great place to live with affordable 2-bedroom rent being around $880 compared to US average of $1430. Furthermore, grocery cost index in this area is 90 versus 100 in the US making it affordable to shop groceries here.
South Branch township (Wexford County) has an unemployment rate of 6.2%. The US average is 6.0%.
South Branch township (Wexford County) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for South Branch township (Wexford County)
- The Sales Tax Rate for South Branch township (Wexford County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Branch township (Wexford County) 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 South Branch township (Wexford County)
- The average income of a South Branch township (Wexford County) resident is $35,054 a year. The US average is $37,638 a year.
- The Median household income of a South Branch township (Wexford County) resident is $54,167 a year. The US average is $69,021 a year.