Leelanau County, MI Economy


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Leelanau County, Michigan is a great place to live or visit. Located in the northwestern Lower Peninsula of Michigan, it borders Lake Michigan and is home to vibrant communities as well as beautiful views. The county has two bedroom rent prices that are significantly lower than the US average, making it an affordable option for those looking for a comfortable place to call home. Additionally, the cost of groceries is slightly lower compared to the national average.
The county offers many local businesses including farms, wineries and breweries like Black Star Farms and Bel Lago Vineyards & Winery. There are also many outdoor activities available such as fishing, hiking and biking on nearby trails like Sleeping Bear Dunes National Lakeshore or Grand Traverse Regional Land Conservancy's Nature Preserves. For those looking for more urban entertainment there are plenty of shops and restaurants in cities like Traverse City or Suttons Bay which offer unique experiences. Leelanau County is truly a wonderful place to experience all four seasons in comfort!

Leelanau County has an unemployment rate of 6.1%. The US average is 6.0%.

Leelanau County has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.

Tax Rates for Leelanau County
- The Sales Tax Rate for Leelanau County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leelanau 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 Leelanau County
- The average income of a Leelanau County resident is $42,080 a year. The US average is $37,638 a year.
- The Median household income of a Leelanau County resident is $72,709 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeelanau, MichiganUnited States
  6.16
  -6.4%-6.2%
  28.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $42,080$37,638
  $72,709$69,021
  $88,066$85,028
  Population by Occupation
  3.0%1.2%
  0.2%0.5%
  7.7%6.8%
  8.1%10.0%
  1.9%2.5%
  11.1%11.0%
  2.3%4.8%
  1.8%0.8%
  1.2%1.9%
  4.3%4.7%
  2.5%1.9%
  6.4%7.6%
  0.0%0.1%
  3.7%4.2%
  8.8%9.3%
  18.6%14.0%
  3.6%2.1%
  7.6%7.0%
  4.5%4.8%
  2.6%4.7%
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