49931 Houghton, MI is a great place to live with its low rent costs. Two bedroom apartments in this area can be found for as little as $740 per month. Local companies such as Lakeshore Rentals, Copper Country Rentals, and Northwoods Property Management all have great options for two bedroom rentals in the area at prices which are much lower than the US average of $1,430. For those looking to save money on rent while still having plenty of space to live, 49931 Houghton, MI has many great options available.
Houghton (zip 49931) has an unemployment rate of 5.4%. The US average is 6.0%.
Houghton (zip 49931) 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 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Houghton (zip 49931)
- The Sales Tax Rate for Houghton (zip 49931) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Houghton (zip 49931) 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 Houghton (zip 49931)
- The average income of a Houghton (zip 49931) resident is $22,603 a year. The US average is $37,638 a year.
- The Median household income of a Houghton (zip 49931) resident is $38,003 a year. The US average is $69,021 a year.