West Traverse, MI is a great place to live. It offers affordable living costs compared to the US average, with 2 bedroom rent being $820, while the US average is $1,430. What’s more, groceries are also much cheaper in West Traverse than in the rest of the country, with a Grocery Cost Index score of 96 versus 100 in the US. The city has plenty of amenities and attractions for its residents to enjoy as well. Popular local companies include Yellowsmith Construction, Acme Deli & Grocery Store and Grandview Real Estate. There are also many tourist attractions such as Merkle Wildlife Sanctuary and Silver Lake State Park that are popular destinations for locals and out-of-towners alike.
West Traverse has an unemployment rate of 7.5%. The US average is 6.0%.
West Traverse has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for West Traverse
- The Sales Tax Rate for West Traverse is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Traverse 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 West Traverse
- The average income of a West Traverse resident is $60,017 a year. The US average is $28,555 a year.
- The Median household income of a West Traverse resident is $85,625 a year. The US average is $69,021 a year.