Iosco, MI County is a great place to live and visit. It is home to several local companies like Michigan Energy Systems and Iosco Reclamation & Recycling, as well as many of the state parks in the area. There are also plenty of attractions such as the Tawas Point Lighthouse, Lake Huron Beach and Lumberman's Monument. Other amenities include excellent schools, shopping centers, restaurants and recreational activities. The cost of living in Iosco County is also quite reasonable with 2 bedroom rent being $830 dollars which is significantly lower than the US average of $1,430. Grocery Cost Index in Iosco, MI County is 89 versus 100 in the US which makes it an even more attractive place to live or visit.
Iosco County has an unemployment rate of 7.5%. The US average is 6.0%.
Iosco County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Iosco County
- The Sales Tax Rate for Iosco County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Iosco 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 Iosco County
- The average income of a Iosco County resident is $23,262 a year. The US average is $28,555 a year.
- The Median household income of a Iosco County resident is $44,334 a year. The US average is $69,021 a year.