St. Ignace, MI is a small town in Michigan with an estimated population of 2,678 people. It is situated on the north end of the Lower Peninsula and is known for its picturesque views of Lake Huron. The cost of living in St. Ignace is lower than the US average, with a 2 bedroom rental costing $810 compared to $1,430 nationally. The grocery cost index in St. Ignace is 92 compared to 100 in the US. The city is home to many local businesses such as Mackinaw City Coffee Company, Petoskey Street Pub & Grill, and Tadych's Econo Foods among others. St. Ignace also offers a variety of outdoor activities like kayaking, camping and hiking that make it a great place for families or individuals looking to enjoy nature and have some fun outside the comfort of their homes.
St. Ignace has an unemployment rate of 16.2%. The US average is 6.0%.
St. Ignace has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for St. Ignace
- The Sales Tax Rate for St. Ignace is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Ignace 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 St. Ignace
- The average income of a St. Ignace resident is $28,440 a year. The US average is $37,638 a year.
- The Median household income of a St. Ignace resident is $49,038 a year. The US average is $69,021 a year.