49895 Wetmore, MI is a great place to live and work. The 2 bedroom rent in this area is $850 which is significantly lower than the national average of $1,430, making it an affordable option for anyone looking to relocate. The grocery cost index in Wetmore is 95 versus 100 in the US, so groceries are also more affordable here. \nThe small town of Wetmore offers many local companies ranging from automotive repair shops to independent restaurants and coffee shops. There are also plenty of outdoor activities nearby such as hiking trails at Tahquamenon Falls State Park and fishing on Lake Superior. In addition, the area boasts several attractions including a historic lighthouse museum and the Whitefish Point Bird Observatory for bird-watching enthusiasts. With its low rent costs, delicious local restaurants, and numerous outdoor activities and attractions, 49895 Wetmore, MI provides something for everyone!
Wetmore (zip 49895) has an unemployment rate of 8.8%. The US average is 6.0%.
Wetmore (zip 49895) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Wetmore (zip 49895)
- The Sales Tax Rate for Wetmore (zip 49895) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wetmore (zip 49895) 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 Wetmore (zip 49895)
- The average income of a Wetmore (zip 49895) resident is $17,665 a year. The US average is $28,555 a year.
- The Median household income of a Wetmore (zip 49895) resident is $43,000 a year. The US average is $69,021 a year.