Cheboygan, MI is a peaceful town located in the Northeastern tip of the state. It is the county seat of Cheboygan County and home to around 4,500 people. The median 2 bedroom rent in Cheboygan is $850, which is significantly lower than the nation-wide average of $1,430. The Grocery Cost Index for this area is also lower than most of the country with an index score of 91 compared to a US average index score of 100.
This small community offers plenty to do and see for its inhabitants. Local businesses include Kessel's Korner Grocery, Ellman's Furniture & Flooring, and Sommerset Pointe Marina where visitors can enjoy waterfront recreation activities like fishing or kayaking. Popular restaurants include Beards Brewery, 20th Century Bar & Grill, and The Blue Pelican Bistro where visitors can enjoy fresh seafood dishes. Notable landmarks in Cheboygan include Duncan Bay Boat Club, North Central State Trail and Thorne Quick Nature Preserve where you can hike or observe wildlife in their natural habitat.
Cheboygan (zip 49721) has an unemployment rate of 13.1%. The US average is 6.0%.
Cheboygan (zip 49721) 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 Cheboygan (zip 49721)
- The Sales Tax Rate for Cheboygan (zip 49721) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cheboygan (zip 49721) 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 Cheboygan (zip 49721)
- The average income of a Cheboygan (zip 49721) resident is $22,471 a year. The US average is $28,555 a year.
- The Median household income of a Cheboygan (zip 49721) resident is $51,500 a year. The US average is $69,021 a year.