K. I. Sawyer, MI is a small town located in the Upper Peninsula of Michigan. It has an estimated population of 49841 people according to the 2020 census. The city offers a relatively low cost of living compared to other cities in the US; for example, a 2 bedroom apartment typically costs around $900, which is much lower than the national average of $1,430. Grocery costs are also lower in K. I. Sawyer with an index rating of 90 versus 100 for the US as a whole.
K. I. Sawyer is home to several local businesses that provide necessary services and goods to area residents including J&B Grocery, Upper Peninsula Outfitters, KI Country Store, and Jims Pharmacy & Health Mart. These businesses provide both employment opportunities and goods at reasonable prices ensuring that locals can enjoy their lives without breaking the bank or having to travel too far away from home for everyday items they need.
K. I. Sawyer (zip 49841) has an unemployment rate of 5.9%. The US average is 6.0%.
K. I. Sawyer (zip 49841) 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 19.8%, which is lower than the US average of 33.5%.
Tax Rates for K. I. Sawyer (zip 49841)
- The Sales Tax Rate for K. I. Sawyer (zip 49841) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for K. I. Sawyer (zip 49841) 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 K. I. Sawyer (zip 49841)
- The average income of a K. I. Sawyer (zip 49841) resident is $26,281 a year. The US average is $37,638 a year.
- The Median household income of a K. I. Sawyer (zip 49841) resident is $54,194 a year. The US average is $69,021 a year.