\nPresque Isle, MI County is a great place to live for many reasons. It offers affordable rent with 2 bedroom apartments costing only $830 compared to the national average of $1,430. Grocery costs are also more economical in Presque Isle, MI County with an index of 92 versus 100 in the US. Additionally, there are numerous companies that provide employment opportunities and economic benefits to local residents. Some notable examples include AutoRite Motor Parts Inc., which supplies parts globally for automotive machines; and Imperial Oil Corporation, which produces oil for the energy sector. These two businesses alone bring millions of dollars into Presque Isle's economy each year and employ hundreds of workers from the area.
Presque Isle County has an unemployment rate of 9.5%. The US average is 6.0%.
Presque Isle County has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 11.8%, which is lower than the US average of 33.5%.
Tax Rates for Presque Isle County
- The Sales Tax Rate for Presque Isle County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Presque Isle 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 Presque Isle County
- The average income of a Presque Isle County resident is $31,422 a year. The US average is $37,638 a year.
- The Median household income of a Presque Isle County resident is $52,181 a year. The US average is $69,021 a year.