Port Hope, MI is a small city located in the United States with a population of 484 people. It is a scenic area that offers affordable living for those looking to escape big city life. The 2 bedroom rent in Port Hope is $820 compared to the US average of $1,430. Additionally, grocery cost index here is 90 versus 100 in the US. Therefore, living in Port Hope can be cheaper than other cities nearby. \nThe local companies in Port Hope, MI include Crossroads Home Center which provides home appliances and furniture; Moore’s Automotive, an auto repair shop; and Harbor Shores Golf Club which has an 18 hole championship golf course and amenities such as dining facilities and a pro shop. All of these establishments help make Port Hope a great place to live for those looking for an affordable yet unique place to call home.
Port Hope (zip 48468) has an unemployment rate of 5.7%. The US average is 6.0%.
Port Hope (zip 48468) has seen the job market decrease by -0.7% 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 Hope (zip 48468)
- The Sales Tax Rate for Port Hope (zip 48468) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Port Hope (zip 48468) 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 Hope (zip 48468)
- The average income of a Port Hope (zip 48468) resident is $32,564 a year. The US average is $37,638 a year.
- The Median household income of a Port Hope (zip 48468) resident is $55,294 a year. The US average is $69,021 a year.