Bay County, Michigan is a great place to live and work. It offers a wide variety of amenities and services, as well as a lower cost of living than the rest of the country. The county's two bedroom rental prices are $880 on average, which is significantly lower than the national average of $1,430 per month. Additionally, grocery costs in Bay County are 90 compared to 100 nationally. This lower cost of living allows residents to put more money towards the purchase of goods and services from local businesses. Some notable companies in the area include Pigeon Coffee Roasters, Bay City Brewing Co., and Wildtree Organics. Along with these companies there are several local farmers markets and other small businesses that make up this vibrant community.
Bay County has an unemployment rate of 6.4%. The US average is 6.0%.
Bay County has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Bay County
- The Sales Tax Rate for Bay County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bay 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 Bay County
- The average income of a Bay County resident is $30,459 a year. The US average is $37,638 a year.
- The Median household income of a Bay County resident is $52,510 a year. The US average is $69,021 a year.