49916 Chassell, MI is a great place to live for those looking for an affordable cost of living. It has a two bedroom rent of $820, compared to the US average of $1,430. Similarly, its Grocery Cost Index is 94 versus 100 in the US. This makes 49916 Chassell a great location for people who want to save money without sacrificing quality. The area also offers plenty of local attractions and businesses including the Houghton County Historical Museum, MTU's Rosza Center for Performing Arts, and Hammerstone Restaurant & Bar. There are also several outdoor activities such as hiking at Isle Royale National Park, biking on the Lakeshore Trail, and fishing at Portage Lake. With all these opportunities available, 49916 Chassell is an ideal home for those seeking both excitement and affordability.
Chassell (zip 49916) has an unemployment rate of 5.4%. The US average is 6.0%.
Chassell (zip 49916) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Chassell (zip 49916)
- The Sales Tax Rate for Chassell (zip 49916) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chassell (zip 49916) 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 Chassell (zip 49916)
- The average income of a Chassell (zip 49916) resident is $24,665 a year. The US average is $28,555 a year.
- The Median household income of a Chassell (zip 49916) resident is $73,606 a year. The US average is $69,021 a year.