49781 St. Ignace, MI is located in Mackinac County on the northern tip of Michigan’s Lower Peninsula. It is the gateway to the Upper Peninsula and a great place to visit or live. Two bedroom rent in St. Ignace is $820, which is significantly lower than the US average of $1,430. The Grocery Cost Index for St. Ignace is 92 compared to 100 in the US, making groceries more affordable in this area.
St. Ignace offers many great amenities, such as the popular Mackinac Bridge that connects Michigan’s two peninsulas, wonderful parks like Sault Ste Marie State Park and Mackinac Island State Park, and attractions such as Fort Michilimackinac State Park and Charles Mears State Park. There are also several local businesses and restaurants located throughout town including family-owned Ladysmith Inn Bed & Breakfast, Great Lakes Coffee Co., Fisherman's Wharf Restaurant, and Bygone Days Ice Cream Parlor.
Taxes in 49781 St. Ignace are slightly higher than average due to a 4% county sales tax rate (compared to 6% across Michigan) and an income tax rate of 4 percent (compared to 4.25 percent across Michigan). However, residents of this area can still enjoy good value from their purchase or rental thanks to lower costs for housing and other goods such as groceries.
St. Ignace (zip 49781) has an unemployment rate of 16.2%. The US average is 6.0%.
St. Ignace (zip 49781) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for St. Ignace (zip 49781)
- The Sales Tax Rate for St. Ignace (zip 49781) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Ignace (zip 49781) 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 St. Ignace (zip 49781)
- The average income of a St. Ignace (zip 49781) resident is $23,382 a year. The US average is $28,555 a year.
- The Median household income of a St. Ignace (zip 49781) resident is $52,292 a year. The US average is $69,021 a year.