Gogebic County, MI Economy


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United States / Michigan / No Metro Area / Gogebic County / Cities / Zip Codes
Gogebic County is a small Michigan county located in the Upper Peninsula, near Lake Gogebic. It has a wide variety of outdoor recreational activities and attractions to explore such as boating, fishing, skiing, snowmobiling, and hiking. The cost of living in Gogebic is lower than the national average with 2 bedroom rent costing $830 compared to $1,430 nationally. The Grocery Cost Index in Gogebic County is 93 versus 100 in the US. This means that essential items like food and groceries are more affordable in this area. There are a few local companies operating within Gogebic county including Black River Mining Inc., Peter White Public Library, and B J's Grocery & Service Station. All in all, Gogebic County offers affordable living for those wishing to visit or settle down in Michigan’s upper peninsula.

Gogebic County has an unemployment rate of 5.6%. The US average is 6.0%.

Gogebic County has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 17.8%, which is lower than the US average of 33.5%.

Tax Rates for Gogebic County
- The Sales Tax Rate for Gogebic County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gogebic 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 Gogebic County
- The average income of a Gogebic County resident is $29,321 a year. The US average is $37,638 a year.
- The Median household income of a Gogebic County resident is $41,948 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGogebic, MichiganUnited States
  5.66
  -5.4%-6.2%
  17.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,321$37,638
  $41,948$69,021
  $60,935$85,028
  Population by Occupation
  3.2%1.2%
  0.4%0.5%
  7.8%6.8%
  13.4%10.0%
  1.3%2.5%
  12.9%11.0%
  4.6%4.8%
  0.2%0.8%
  2.2%1.9%
  4.4%4.7%
  1.1%1.9%
  3.7%7.6%
  0.0%0.1%
  2.2%4.2%
  6.2%9.3%
  14.1%14.0%
  3.2%2.1%
  7.5%7.0%
  5.4%4.8%
  6.2%4.7%
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