49918 Copper Harbor, MI is a picturesque small town along Michigan’s Upper Peninsula. Located on the northern shoreline of Lake Superior and surrounded by beautiful scenery, Copper Harbor offers year-round outdoor adventures for the adventurous spirit. Local businesses offer everything from restaurants and retail shops to outdoor gear rentals and tours, so you’ll be able to find whatever you need while visiting the area. The cost of living in Copper Harbor is generally affordable, with an average two bedroom rent costing $750 per month and a grocery cost index of 99 compared to 100 in the US. Popular businesses like Keweenaw Adventure Company offer kayak rentals or other outdoor activities at reasonable prices, while local eateries like Philly's Deli provide tasty meals for all budgets.
Copper Harbor (zip 49918) has an unemployment rate of 7.2%. The US average is 6.0%.
Copper Harbor (zip 49918) 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 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Copper Harbor (zip 49918)
- The Sales Tax Rate for Copper Harbor (zip 49918) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Copper Harbor (zip 49918) 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 Copper Harbor (zip 49918)
- The average income of a Copper Harbor (zip 49918) resident is $32,125 a year. The US average is $28,555 a year.
- The Median household income of a Copper Harbor (zip 49918) resident is $54,583 a year. The US average is $69,021 a year.