Ontonagon County, MI Economy


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United States / Michigan / No Metro Area / Ontonagon County / Cities / Zip Codes
Ontonagon, MI County is an excellent place to live with its low cost of living, especially in terms of rent. The average 2 bedroom rent is only $830 compared to the US average of $1,430. There are also lots of local companies like Sitzmark Ski & Board Shop, Copper Country Ford, and Ontonagon Automotive Repair that make it easy to access goods and services in the area. In fact the Grocery Cost Index shows that prices for groceries are even lower than the national average. Whether you’re looking for an affordable place to live or just want to take advantage of all the great businesses in the area, Ontonagon, MI County has something for everyone!

Ontonagon County has an unemployment rate of 7.8%. The US average is 6.0%.

Ontonagon County has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 6.9%, which is lower than the US average of 33.5%.

Tax Rates for Ontonagon County
- The Sales Tax Rate for Ontonagon County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ontonagon 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 Ontonagon County
- The average income of a Ontonagon County resident is $26,716 a year. The US average is $37,638 a year.
- The Median household income of a Ontonagon County resident is $44,605 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOntonagon, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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