Lapeer, MI County is a great place to live and work. Not only are rental costs significantly lower than in the US generally, but the grocery cost index is also much lower. There are many local businesses to enjoy, including major employers like General Motors Technical Center and Huron Valley Steel Corporation. Additionally, the county boasts a variety of small businesses such as Lapeer Limo Inc., Miller’s Automotive Repair & Towing, and Antique Emporium of Lapeer. With so many local options available for employment and services, Lapeer County is an excellent place to call home.
Lapeer County has an unemployment rate of 4.9%. The US average is 6.0%.
Lapeer County has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Lapeer County
- The Sales Tax Rate for Lapeer County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lapeer 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 Lapeer County
- The average income of a Lapeer County resident is $33,815 a year. The US average is $37,638 a year.
- The Median household income of a Lapeer County resident is $69,194 a year. The US average is $69,021 a year.