Stony Point, MI is a great place to live with affordable rents. A two-bedroom apartment in Stony Point costs $1,250 compared to the US average of $1,430. Groceries are also cheaper in Stony Point with an index score of 95 compared to the US average of 100. This makes it a more budget-friendly option than many other locations. The area offers lots of opportunity for exploration, with local companies like Ace Manufacturing and Advanced Metal Technologies as well as attractions like the Stony Point Wildlife Preserve and Lake Michigan Beachfront Park. Whether you're looking for a job or just looking for something fun to do, Stony Point is a great place to call home.
Stony Point has an unemployment rate of 5.6%. The US average is 6.0%.
Stony Point has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Stony Point
- The Sales Tax Rate for Stony Point is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stony Point 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 Stony Point
- The average income of a Stony Point resident is $22,731 a year. The US average is $28,555 a year.
- The Median household income of a Stony Point resident is $61,350 a year. The US average is $69,021 a year.