Marenisco, MI is a small town in Michigan's Upper Peninsula with a population of 49947 people. It offers affordable living options, including two bedroom apartment rentals at $850 per month. Grocery costs are also significantly lower than the US average, with an index of 96 compared to 100 in the US. The cost of living and housing makes Marenisco an ideal place for those looking for a rural lifestyle or to start a family.
Marenisco has several local businesses and attractions that add to its charming atmosphere. The town features the Ironwood Theater which showcases classic films and national acts year round. There are also many stores and restaurants such as Horseradish Deli & Café which offers excellent home-cooked meals, and Little Store on Main Street for unique gifts and souvenirs. For outdoor recreation, Marenisco is home to Lake Gogebic State Park, offering plenty of trails for hiking, biking, fishing and camping opportunities for all ages.
Marenisco (zip 49947) has an unemployment rate of 5.6%. The US average is 6.0%.
Marenisco (zip 49947) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.8%, which is lower than the US average of 33.5%.
Tax Rates for Marenisco (zip 49947)
- The Sales Tax Rate for Marenisco (zip 49947) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marenisco (zip 49947) 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 Marenisco (zip 49947)
- The average income of a Marenisco (zip 49947) resident is $12,881 a year. The US average is $28,555 a year.
- The Median household income of a Marenisco (zip 49947) resident is $44,643 a year. The US average is $69,021 a year.