Zip 49822 (Deerton, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / No Metro Area / Alger County / No City / Deerton (zip 49822)
49822 Deerton, MI is a small community located in the Upper Peninsula of Michigan that has a lot to offer. This quaint town boasts a grocery cost index that is 92 compared to the US which is 100. There are also plenty of attractions, activities, and amenities for residents and visitors alike. Those on the hunt for affordable yet comfortable accommodation can rent two bedroom apartments here for $850 which is much lower than the US average of $1,430. For outdoor fun, there are a number of local parks and trails in Deerton such as Bluff Creek Park where visitors can go camping, biking, fishing, swimming or even try their hand at some archery. Art enthusiasts can explore local galleries like the Keweenaw Art Gallery while those seeking some retail therapy can visit stores such as Northern Lights Books & Gifts. There are also several delicious restaurants in town including The Bistro at Mulligan's that offer unique cuisine and great experiences for all ages.

Deerton (zip 49822) has an unemployment rate of 8.8%. The US average is 6.0%.

Deerton (zip 49822) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Deerton (zip 49822)
- The Sales Tax Rate for Deerton (zip 49822) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Deerton (zip 49822) 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 Deerton (zip 49822)
- The average income of a Deerton (zip 49822) resident is $21,902 a year. The US average is $28,555 a year.
- The Median household income of a Deerton (zip 49822) resident is $43,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeerton, MichiganUnited States
  8.86
  -4.5%-6.2%
  28.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,547$37,638
  $43,958$69,021
  $65,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.5%6.8%
  4.3%10.0%
  0.0%2.5%
  37.2%11.0%
  1.1%4.8%
  0.0%0.8%
  1.1%1.9%
  3.2%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.1%4.2%
  2.1%9.3%
  14.9%14.0%
  16.0%2.1%
  8.5%7.0%
  1.1%4.8%
  0.0%4.7%
Health