\nPort Austin, Michigan, is a small town located in the southern part of Michigan's thumb region. It has a population of 484 and is home to a variety of businesses, including The Port Austin Farmer's Market, The Bait Box, and Port Austin Lighthouse & Marine Museum. The town has an average 2 bedroom rent of $810, while the US average for 2 bedroom rentals is $1430. Grocery costs are also significantly lower in Port Austin with an index of 93 compared to 100 in the US. Residents can enjoy all the benefits of small-town life while still having access to larger cities nearby. With its low cost of living and proximity to amenities, Port Austin is an ideal place for both retirees and young professionals looking to start their careers.
Port Austin (zip 48467) has an unemployment rate of 5.7%. The US average is 6.0%.
Port Austin (zip 48467) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Port Austin (zip 48467)
- The Sales Tax Rate for Port Austin (zip 48467) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Port Austin (zip 48467) 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 Port Austin (zip 48467)
- The average income of a Port Austin (zip 48467) resident is $37,533 a year. The US average is $37,638 a year.
- The Median household income of a Port Austin (zip 48467) resident is $47,317 a year. The US average is $69,021 a year.