New Buffalo, MI (49117) is a charming town located on the shores of Lake Michigan. The median 2 bedroom rent in New Buffalo is $980 which is significantly lower than the US average of $1,430. The Grocery Cost Index here is also lower than the country average at 98 versus 100, making it a great place to live for those looking for an affordable lifestyle.
The city is bustling with businesses that locals and visitors can enjoy. There are popular attractions such as Four Winds Casino, local restaurants like Redamak’s and Galley Restaurant & Bar, and specialty shops like Harbor Country Outfitters and Royer’s Garden Center. New Buffalo has something for everyone!
New Buffalo (zip 49117) has an unemployment rate of 5.8%. The US average is 6.0%.
New Buffalo (zip 49117) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for New Buffalo (zip 49117)
- The Sales Tax Rate for New Buffalo (zip 49117) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Buffalo (zip 49117) 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 New Buffalo (zip 49117)
- The average income of a New Buffalo (zip 49117) resident is $55,164 a year. The US average is $37,638 a year.
- The Median household income of a New Buffalo (zip 49117) resident is $64,727 a year. The US average is $69,021 a year.