Menominee, MI County is an idyllic county located in the Upper Peninsula of Michigan. The area features beautiful nature, vast parks, and tranquil lakes that attract visitors from across the United States. The county has a low cost of living compared to the US average, with 2 bedroom rent sitting at $830 versus $1,430 nationally. Additionally, grocery cost index in Menominee is 91 versus 100 in the US. There are many companies located in Menominee such as H&H Corporations Inc., CDL Group LLC, P & O Technology and Health Improvement Network. Menominee also offers a vibrant economic environment for businesses to grow and develop. Local businesses have access to numerous resources and support services which help them reach their goals. With its close proximity to major cities like Chicago and Milwaukee, Menominee offers great opportunities for entrepreneurs looking to set up shop in this unique region of Michigan.
Menominee County has an unemployment rate of 4.7%. The US average is 6.0%.
Menominee County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.
Tax Rates for Menominee County
- The Sales Tax Rate for Menominee County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Menominee 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 Menominee County
- The average income of a Menominee County resident is $22,705 a year. The US average is $28,555 a year.
- The Median household income of a Menominee County resident is $52,457 a year. The US average is $69,021 a year.