Zip 49817 (Cooks, MI) Economy


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United States / Michigan / No Metro Area / Schoolcraft County / No City / Cooks (zip 49817)
Cooks, Michigan is a small rural town located in the Upper Peninsula of Michigan. With a population of just 498 people, this town has plenty of opportunities for outdoor recreation and offers a relaxed atmosphere. The average two-bedroom rent in Cooks is only $800 per month, which is substantially lower than the US average of $1430. Additionally, the Grocery Cost Index in Cooks is 94 compared to the US average of 100.
Cook’s economy primarily relies on tourism and small businesses such as Dann’s Place Restaurant & Bar, Max's Hardware Store, Tin Cup Grill & Sports Bar, and Nana's Kitchen. Dann's Place serves traditional American dishes like burgers and pizza while Tin Cup Grill & Sports Bar offers up their version of classic pub food with an extensive drink menu. Max's Hardware Store provides supplies for local needs such as plumbing and electrical supplies as well as general household items. Finally, Nana's Kitchen serves up home-style cooking including sandwiches, salads, soups, and fresh baked goods.

Cooks (zip 49817) has an unemployment rate of 8.9%. The US average is 6.0%.

Cooks (zip 49817) 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 Cooks (zip 49817)
- The Sales Tax Rate for Cooks (zip 49817) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cooks (zip 49817) 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 Cooks (zip 49817)
- The average income of a Cooks (zip 49817) resident is $19,508 a year. The US average is $28,555 a year.
- The Median household income of a Cooks (zip 49817) resident is $55,278 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCooks, MichiganUnited States
  8.96
  -4.5%-6.2%
  19.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $30,571$37,638
  $55,278$69,021
  $70,625$85,028
  Population by Occupation
  4.8%1.2%
  1.1%0.5%
  5.2%6.8%
  8.5%10.0%
  0.0%2.5%
  3.0%11.0%
  6.3%4.8%
  0.7%0.8%
  0.0%1.9%
  8.5%4.7%
  2.2%1.9%
  1.8%7.6%
  0.0%0.1%
  3.0%4.2%
  4.8%9.3%
  17.7%14.0%
  1.5%2.1%
  15.1%7.0%
  8.9%4.8%
  7.0%4.7%
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