49825 Eben Junction, MI is a small town located in the Upper Peninsula of Michigan. It has a population of around 1,500 people and is known for its stunning natural beauty and outdoor recreational opportunities. The average two-bedroom rent in Eben Junction is $840, which is much lower than the national average of $1,430. Additionally, grocery cost index in Eben Junction stands at 94 as opposed to 100 in the US. This makes it an attractive place for potential residents looking for an affordable quality of life.
Eben Junction is home to several local companies offering different services and products such as auto repair shops, hardware stores, restaurants and cafes. Among these establishments are JT Autoworks, Goody's Hardware Store and Marty's Cafe & Grill all family-owned businesses that have been a part of the community for generations. For those looking to start their own business or invest in the area, Eben Junction offers potential opportunities away from the hustle and bustle of larger cities but still close enough to access all amenities needed.
Eben Junction (zip 49825) has an unemployment rate of 8.8%. The US average is 6.0%.
Eben Junction (zip 49825) has seen the job market decrease by -4.5% 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 Eben Junction (zip 49825)
- The Sales Tax Rate for Eben Junction (zip 49825) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eben Junction (zip 49825) 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 Eben Junction (zip 49825)
- The average income of a Eben Junction (zip 49825) resident is $19,596 a year. The US average is $37,638 a year.
- The Median household income of a Eben Junction (zip 49825) resident is $45,000 a year. The US average is $69,021 a year.