South Range, MI is a small town with a population of just under 700. It offers an affordable cost of living with 2 bedroom rents at $760 per month, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in South Range is 90 compared to the US average of 100. Residents of South Range can benefit from several local companies such as South Range Cooperative, a community-owned grocery store that has been serving locals since 1927 and The Grand Marais Playhouse, which offers theatrical performances throughout the year. The area is also home to many outdoor amenities such as the Grand Portage State Park for camping and fishing and the North Shore State Trail for hiking and biking.
South Range has an unemployment rate of 5.4%. The US average is 6.0%.
South Range has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for South Range
- The Sales Tax Rate for South Range is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Range 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 Range
- The average income of a South Range resident is $18,140 a year. The US average is $28,555 a year.
- The Median household income of a South Range resident is $36,875 a year. The US average is $69,021 a year.