49969 Watersmeet, MI is a small town located in the northern part of Michigan. It is popularly known for its vast forests and lakes which attract many visitors during the summer months. Renting a two bedroom apartment in this area costs on average $790 per month, which is significantly less than the US average of $1,430. The grocery cost index in Watersmeet is 99 versus 100 in the US.
In terms of local attractions, Watersmeet offers plenty of activities for both locals and tourists alike. Popular places to visit include the Porcupine Mountains State Park, Bond Falls Scenic Site, Ottawa National Forest and Tahquamenon Falls State Park. Businesses located in this area include Timmer's Resort & Campground, Indian Country Sports Center and Indian Trails Motel & Restaurant.
Watersmeet (zip 49969) has an unemployment rate of 5.6%. The US average is 6.0%.
Watersmeet (zip 49969) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.8%, which is lower than the US average of 33.5%.
Tax Rates for Watersmeet (zip 49969)
- The Sales Tax Rate for Watersmeet (zip 49969) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Watersmeet (zip 49969) 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 Watersmeet (zip 49969)
- The average income of a Watersmeet (zip 49969) resident is $27,262 a year. The US average is $28,555 a year.
- The Median household income of a Watersmeet (zip 49969) resident is $48,170 a year. The US average is $69,021 a year.