Alger, MI is a small county located in the Upper Peninsula of Michigan. It has a population of around 500 and offers affordable housing, with 2 bedroom rent costing $840 compared to $1,430 nationally. Alger also has an excellent grocery cost index of 93 compared to 100 in the US. This makes it an ideal place for those looking for an economical lifestyle. The county is home to various companies such as Alger Iron Works which specializes in custom fabrications and welding services, along with other products such as steel tanks and alloys; Hiawatha Construction Company which specializes in residential framing and remodeling projects; and Alger Enterprises which provides services related to construction, roofing, siding, carpentry, painting, paving and landscaping.
Alger County has an unemployment rate of 8.8%. The US average is 6.0%.
Alger County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Alger County
- The Sales Tax Rate for Alger County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alger County 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 Alger County
- The average income of a Alger County resident is $20,798 a year. The US average is $28,555 a year.
- The Median household income of a Alger County resident is $48,822 a year. The US average is $69,021 a year.