Suttons Bay, MI is located at the tip of Michigan’s Lower Peninsula on the beautiful Leelanau Peninsula. The area offers a variety of activities for all ages and interests. There are many local companies in Suttons Bay that offer services and products such as Boater's World Marine Centers, Coho Cafe & Market, Fredrick Construction, Good Harbor Property Maintenance & Management, Leland Yacht Sales & Service and more. With a rent 2 bedroom rate of $1,310 compared to $1,430 in the US and a grocery cost index of 97 versus 100 nationally it makes living in Suttons Bay an affordable option. From the stunning views of Grand Traverse Bay to the lovely wineries nearby it is no surprise why Suttons Bay is such a great place to live.
Suttons Bay has an unemployment rate of 6.1%. The US average is 6.0%.
Suttons Bay has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Suttons Bay
- The Sales Tax Rate for Suttons Bay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Suttons Bay 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 Suttons Bay
- The average income of a Suttons Bay resident is $47,497 a year. The US average is $37,638 a year.
- The Median household income of a Suttons Bay resident is $98,125 a year. The US average is $69,021 a year.