Schoolcraft County, MI is a small county in the Upper Peninsula of Michigan. It is a rural area with many natural wonders such as the picturesque forests and Lake Michigan beaches. The cost of living in the county is relatively low compared to other parts of the country, with 2 bedroom rent averaging around $830 and a grocery cost index of 92 compared to an average of 100 in the US. Some local businesses include Schoolcraft County Medical Center, Schoolcraft Memorial Library, and Ray’s Grocery. There are also several restaurants including The Golden Inn Chinese Restaurant, Root Cellar Cafe, and Lumberjack's Bar & Grill. Schoolcraft County is a great place to settle down and enjoy all it has to offer!
Schoolcraft County has an unemployment rate of 8.9%. The US average is 6.0%.
Schoolcraft County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Schoolcraft County
- The Sales Tax Rate for Schoolcraft County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Schoolcraft 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 Schoolcraft County
- The average income of a Schoolcraft County resident is $21,038 a year. The US average is $28,555 a year.
- The Median household income of a Schoolcraft County resident is $54,163 a year. The US average is $69,021 a year.