Cheboygan, MI County is a great place to live for those seeking a lower cost of living. The 2 bedroom rent in Cheboygan is $870 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Cheboygan is 92 compared to 100 in the US. This makes it an attractive location for those on a budget. \nThe area boasts some amazing local companies and attractions that make it an attractive place to live. Companies such as JC Packaging and Walker Manufacturing are two popular locally-owned businesses that have been around for many years. Visitors will also appreciate the many attractions around town, such as the Cheboygan State Park, Soo Locks Museum and Historic Indian Village. All these places provide plenty of activities for locals and visitors alike!
Cheboygan County has an unemployment rate of 13.1%. The US average is 6.0%.
Cheboygan County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Cheboygan County
- The Sales Tax Rate for Cheboygan County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cheboygan 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 Cheboygan County
- The average income of a Cheboygan County resident is $23,648 a year. The US average is $28,555 a year.
- The Median household income of a Cheboygan County resident is $53,482 a year. The US average is $69,021 a year.