Quinnesec, MI is a small town in Michigan's Upper Peninsula. Home to just under 500 people, Quinnesec offers great affordability and an intimate atmosphere. The average 2 Bedroom rent in Quinnesec is $840 which is significantly lower than the U.S average of $1,430 and the Grocery Cost Index here is 90 versus the US index of 100. Local businesses in Quinnesec include Great Lakes Logging Inc., Northwoods Farm Supply Inc., Teal Lake Lumber Co., and many others. These companies offer great economic stability to the small town of Quinnesec and provide much needed goods or services to its residents.
Quinnesec (zip 49876) has an unemployment rate of 5.2%. The US average is 6.0%.
Quinnesec (zip 49876) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Quinnesec (zip 49876)
- The Sales Tax Rate for Quinnesec (zip 49876) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Quinnesec (zip 49876) 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 Quinnesec (zip 49876)
- The average income of a Quinnesec (zip 49876) resident is $31,934 a year. The US average is $37,638 a year.
- The Median household income of a Quinnesec (zip 49876) resident is $63,690 a year. The US average is $69,021 a year.