Keweenaw, MI County is a great place to live with much to offer. The cost of living is quite affordable with 2 bedroom rent coming in at $830 compared to the US average of $1,430. Grocery costs are also relatively low here as well, with an index of 93 versus 100 in the US. This makes Keweenaw County an ideal place for families looking to save money while living comfortably. The county has several local companies such as Keweenaw Brewing Company, Houghton Copper World, and the L&M Auto Store that all contribute to its economy. With its low housing and grocery costs combined with a thriving local economy, Keweenaw County is an excellent option for those considering making a move.
Keweenaw County has an unemployment rate of 7.2%. The US average is 6.0%.
Keweenaw 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 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Keweenaw County
- The Sales Tax Rate for Keweenaw County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Keweenaw 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 Keweenaw County
- The average income of a Keweenaw County resident is $25,197 a year. The US average is $28,555 a year.
- The Median household income of a Keweenaw County resident is $54,010 a year. The US average is $69,021 a year.