49967 Trout Creek, MI is a small town in Michigan's Upper Peninsula. It has an estimated population of just 400 people. The median 2 Bedroom rent in 49967 Trout Creek, MI is $810 which is much lower than the US median of $1,430. The Grocery Cost Index for 49967 Trout Creek, MI is 90 compared to 100 nationwide. Even though the costs are lower in this rural town, there are still many local businesses that residents can take advantage of. For example, Manzo's Market offers fresh groceries at an affordable price while Riverside Auto Parts provides quality auto parts and repairs for competitive prices. Residents looking to save money on their daily needs can find many resources in 49967 Trout Creek, MI when compared to other cities across the US.
Trout Creek (zip 49967) has an unemployment rate of 7.8%. The US average is 6.0%.
Trout Creek (zip 49967) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 6.9%, which is lower than the US average of 33.5%.
Tax Rates for Trout Creek (zip 49967)
- The Sales Tax Rate for Trout Creek (zip 49967) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trout Creek (zip 49967) 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 Trout Creek (zip 49967)
- The average income of a Trout Creek (zip 49967) resident is $27,860 a year. The US average is $37,638 a year.
- The Median household income of a Trout Creek (zip 49967) resident is $46,071 a year. The US average is $69,021 a year.