Arenac, MI County is a great place to call home. With an average rent of only $830 for a two bedroom unit and a grocery cost index of 90 compared to the US average of 100, this area is a great bargain. In addition, Arenac offers plenty of amenities and activities for residents to enjoy. The area boasts several local companies such as Arenac Manufacturing, LLC, Arenac Logistics Solutions LLC and All About U Services. Transportation in the area is easily accessible with bus routes and public transportation access. Other amenities include several parks and recreational areas along with shopping centers and restaurants.
Arenac County has an unemployment rate of 9.3%. The US average is 6.0%.
Arenac County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Arenac County
- The Sales Tax Rate for Arenac County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arenac 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 Arenac County
- The average income of a Arenac County resident is $20,663 a year. The US average is $28,555 a year.
- The Median household income of a Arenac County resident is $48,989 a year. The US average is $69,021 a year.