49958 Pelkie, MI is a small town located in the Upper Peninsula of Michigan. It is close to Lake Superior and provides a rural lifestyle with natural beauty. The cost of living in 49958 Pelkie, MI is low compared to the rest of the US as 2 bedroom rental prices are around $800 and grocery cost index is 92 versus 100 in the US. There are several local businesses and companies that contribute to the economy of 49958 Pelkie, MI such as Big Tree Timber Company, Keweenaw Land Trust, and Houghton County Road Commission which provide logging services, land conservation services, and road maintenance respectively. Some other notable businesses include Sullivan's Supper Club, Daano's Restaurant & Bakery, and Farr's True Value hardware store that offer delicious American dishes, traditional bakery items, and general home improvement supplies respectively.
Pelkie (zip 49958) has an unemployment rate of 5.4%. The US average is 6.0%.
Pelkie (zip 49958) has seen the job market increase by 0.6% 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 Pelkie (zip 49958)
- The Sales Tax Rate for Pelkie (zip 49958) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pelkie (zip 49958) 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 Pelkie (zip 49958)
- The average income of a Pelkie (zip 49958) resident is $20,024 a year. The US average is $28,555 a year.
- The Median household income of a Pelkie (zip 49958) resident is $40,288 a year. The US average is $69,021 a year.