49627 Eastport, MI is a small community located in Michigan’s Upper Peninsula. The town is surrounded by natural beauty, with nearby lakes and forests ideal for outdoor recreation. The cost of living here is relatively affordable. For example, the average two bedroom rent is $1,700, which is much lower than the US average of $1,430. Additionally, the grocery cost index here in 49627 Eastport MI sits at 97 versus 100 in the US making groceries much more affordable as well. As far as work opportunities go, there are several local businesses that employ members of the community such as Suez Maritime Services which provides port services to vessels entering or leaving ports worldwide and NorthCountry Logistics which specializes in logistics and transportation services. All in all 49627 Eastport MI offers affordability combined with natural beauty making it an attractive place for potential residents.
Eastport (zip 49627) has an unemployment rate of 7.8%. The US average is 6.0%.
Eastport (zip 49627) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Eastport (zip 49627)
- The Sales Tax Rate for Eastport (zip 49627) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eastport (zip 49627) 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 Eastport (zip 49627)
- The average income of a Eastport (zip 49627) resident is $42,756 a year. The US average is $37,638 a year.
- The Median household income of a Eastport (zip 49627) resident is $47,813 a year. The US average is $69,021 a year.