Watton, Michigan is a small town located in the Upper Peninsula with an estimated population of 49970. The average 2 bedroom rent in Watton is $850, which is significantly lower than the national average of $1430. The Grocery Cost Index (CPI) in Watton stands at 91, slightly lower than the US average of 100.
The town offers a variety of local businesses and amenities, including Wayfare Pizza & Bar, Pacelli's Italian Restaurant, Northwoods Sporting Goods, O'Brien Pharmacy, Walmart Supercenter and many more. Shopping centers like Watton Shopping Center provide entertainment, groceries and other necessities. With its beautiful natural environment that includes forests and streams, Watton provides plenty of outdoor activities such as camping, hiking and fishing at nearby lakes and rivers.
Watton (zip 49970) has an unemployment rate of 8.0%. The US average is 6.0%.
Watton (zip 49970) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 15.5%, which is lower than the US average of 33.5%.
Tax Rates for Watton (zip 49970)
- The Sales Tax Rate for Watton (zip 49970) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Watton (zip 49970) 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 Watton (zip 49970)
- The average income of a Watton (zip 49970) resident is $28,188 a year. The US average is $28,555 a year.
- The Median household income of a Watton (zip 49970) resident is $58,750 a year. The US average is $69,021 a year.