Mackinac, MI County is a great place to live and work. The average two-bedroom rent in Mackinac, MI County is $830, which is much lower than the US average of $1,430. This makes it an attractive area for those looking for more affordable housing. Additionally, the Grocery Cost Index in Mackinac, MI County is 94 versus the national average of 100, so groceries can be purchased at a lower price here than elsewhere. Mackinac, MI County is home to many businesses and companies including Wawa Store Inc., Foresight Marine Systems Inc., Grand Hotel Corporation and Fox Grand Traverse Resort & Spa. These companies provide employment opportunities and help contribute to the local economy.
Mackinac County has an unemployment rate of 16.2%. The US average is 6.0%.
Mackinac County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Mackinac County
- The Sales Tax Rate for Mackinac County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mackinac 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 Mackinac County
- The average income of a Mackinac County resident is $23,453 a year. The US average is $28,555 a year.
- The Median household income of a Mackinac County resident is $52,989 a year. The US average is $69,021 a year.