Vineyard Lake, MI is a charming small town with picturesque landscapes and great amenities. It boasts an affordable cost of living, with two-bedroom rents averaging around $1,030 per month and a grocery cost index at 95 compared to the US's 100. The town also offers local attractions such as beautiful vineyards along its namesake lake, lush parks for outdoor recreation, and family-friendly restaurants. Several companies are located in the area as well, such as Horse Creek Inn and Spa, Faraway Farms Brewery, and Railing Ranch Conservation Center. Vineyard Lake is an ideal place to live for anyone looking for small town charm near major cities.
Vineyard Lake has an unemployment rate of 5.9%. The US average is 6.0%.
Vineyard Lake has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Vineyard Lake
- The Sales Tax Rate for Vineyard Lake is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vineyard Lake 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 Vineyard Lake
- The average income of a Vineyard Lake resident is $20,410 a year. The US average is $28,555 a year.
- The Median household income of a Vineyard Lake resident is $78,929 a year. The US average is $69,021 a year.