Charlevoix County, MI Economy


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United States / Michigan / No Metro Area / Charlevoix County / Cities / Zip Codes
Charlevoix, MI County offers all the benefits of living in a rural area without sacrificing modern amenities. The cost of living is significantly lower than the national average, with two-bedroom rent averaging $880 compared to $1,430 nationally. Grocery costs are 5 percent below the national average, making living in Charlevoix even more affordable. Local businesses thrive here, providing jobs to residents and offering services like plumbing, painting and remodeling, carpentry, landscaping, heating and cooling services. Popular restaurants include Bowers Harbor Inn Restaurant & Market and Tom's Mom's Cookies. With plenty of wonderful outdoor activities available at nearby Lake Charlevoix or Beaver Island State Park, Charlevoix offers its residents both affordability and recreation opportunities.

Charlevoix County has an unemployment rate of 6.7%. The US average is 6.0%.

Charlevoix County has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Charlevoix County
- The Sales Tax Rate for Charlevoix County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlevoix 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 Charlevoix County
- The average income of a Charlevoix County resident is $27,231 a year. The US average is $28,555 a year.
- The Median household income of a Charlevoix County resident is $63,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlevoix, MichiganUnited States
  6.76
  -7.4%-6.2%
  25.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $38,685$37,638
  $63,508$69,021
  $78,428$85,028
  Population by Occupation
  1.5%1.2%
  0.1%0.5%
  7.3%6.8%
  20.0%10.0%
  1.1%2.5%
  10.2%11.0%
  2.4%4.8%
  1.5%0.8%
  0.7%1.9%
  2.5%4.7%
  1.5%1.9%
  5.0%7.6%
  0.1%0.1%
  3.3%4.2%
  6.2%9.3%
  15.3%14.0%
  3.5%2.1%
  10.1%7.0%
  4.6%4.8%
  3.2%4.7%
Health