Sand Lake, Michigan is a small town with a population of 493. It is located in Northern Michigan, an area known for its abundance of outdoor recreational activities and beautiful scenery. The town boasts a low cost of living with 2 bedroom rent averaging around $1,000 per month and groceries costing significantly less than the US average. Popular local companies include Timber Ridge, which specializes in handmade furniture, and Doremi Dairy Farm, a family owned business that produces high quality milk products. There are also several other businesses in the area such as Grace's restaurant, Tom's Bakery and Hillcrest Grocery store. These establishments make Sand Lake an ideal place to live for those looking for affordable housing and delicious food choices.
Sand Lake (zip 49343) has an unemployment rate of 4.8%. The US average is 6.0%.
Sand Lake (zip 49343) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Sand Lake (zip 49343)
- The Sales Tax Rate for Sand Lake (zip 49343) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sand Lake (zip 49343) 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 Sand Lake (zip 49343)
- The average income of a Sand Lake (zip 49343) resident is $31,736 a year. The US average is $37,638 a year.
- The Median household income of a Sand Lake (zip 49343) resident is $72,350 a year. The US average is $69,021 a year.