Wexford, MI County is a great place to live, offering its residents an affordable cost of living compared to other areas in the US. The average two-bedroom rent is $850, much lower than the national average of $1,430. Additionally, grocery costs are about 90 out of 100 compared to the US, making it an ideal place for those looking to save some money. The county is home to numerous businesses and organizations like Wexford County Council on Aging, Cadillac Area Public Schools and Michigan Works! North Region. Other local companies include Meijer Inc., Pioneer Sugar Company and Big Sky Bread Co.
Wexford County has an unemployment rate of 6.2%. The US average is 6.0%.
Wexford County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Wexford County
- The Sales Tax Rate for Wexford County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wexford 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 Wexford County
- The average income of a Wexford County resident is $20,473 a year. The US average is $28,555 a year.
- The Median household income of a Wexford County resident is $54,114 a year. The US average is $69,021 a year.