Zip 49717 (Burt Lake, MI) Economy


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United States / Michigan / No Metro Area / Cheboygan County / No City / Burt Lake (zip 49717)
Burt Lake, MI (49717) is a small lake town located in Cheboygan County. It is an ideal destination to escape from the hustle and bustle of everyday life, as it offers plenty of outdoor activities such as hiking, fishing, camping and boating. The grocery cost index in Burt Lake is 100 versus 100 in the US; however, the 2 bedroom rent in Burt Lake is $1,010 compared to $1,430 in the US. Local businesses include Marvyns Marina & Resort, Inland Waterway Store & Grill and Maple Bay Marina. These companies provide a range of services including boat rentals, maintenance services and dining options so that residents can make the most of their time spent living on or visiting Burt Lake.

Burt Lake (zip 49717) has an unemployment rate of 13.1%. The US average is 6.0%.

Burt Lake (zip 49717) 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 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Burt Lake (zip 49717)
- The Sales Tax Rate for Burt Lake (zip 49717) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Burt Lake (zip 49717) 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 Burt Lake (zip 49717)
- The average income of a Burt Lake (zip 49717) resident is $75,385 a year. The US average is $28,555 a year.
- The Median household income of a Burt Lake (zip 49717) resident is $75,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurt Lake, MichiganUnited States
  13.16
  -8.7%-6.2%
  17.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,549$37,638
  $75,750$69,021
  $85,720$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  17.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  32.4%14.0%
  0.0%2.1%
  37.3%7.0%
  0.0%4.8%
  12.7%4.7%
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