Twin Lake, MI 49457 is a small town that offers a lower cost of living compared to the US. The average 2 bedroom rent in Twin Lake is $1,060 whereas the US average is $1,430. Additionally, the grocery cost index in Twin Lake is 94 versus 100 in the US which indicates a lower cost for groceries than elsewhere. \nThis charming town is home to local businesses like Lakeside Automotive and Big Boy restaurant. It also has plenty of attractions and landmarks including Red Fox Pines golf course and White Pines Golf Course. All of these make Twin Lake a great place to live.
Twin Lake (zip 49457) has an unemployment rate of 7.5%. The US average is 6.0%.
Twin Lake (zip 49457) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Twin Lake (zip 49457)
- The Sales Tax Rate for Twin Lake (zip 49457) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Twin Lake (zip 49457) 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 Twin Lake (zip 49457)
- The average income of a Twin Lake (zip 49457) resident is $31,284 a year. The US average is $37,638 a year.
- The Median household income of a Twin Lake (zip 49457) resident is $68,075 a year. The US average is $69,021 a year.