Alpena, MI is an affordable place to live with many opportunities for its citizens. The average 2 bedroom rent for Alpena is $860 compared to the US average of $1,430, making it significantly more affordable than other places in the US. Additionally, grocery cost index in Alpena is 90 compared to 100 in the US, which means that groceries are relatively less expensive here. There are a number of businesses located in Alpena such as Lumberman's Monument and Webb Industries as well as restaurants and cafes like Annie's Cafe & Bakery and Harbor View Grille. Overall, Alpena provides residents with an affordable living experience along with plenty of job opportunities.
Alpena has an unemployment rate of 6.0%. The US average is 6.0%.
Alpena has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Alpena
- The Sales Tax Rate for Alpena is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alpena 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 Alpena
- The average income of a Alpena resident is $19,297 a year. The US average is $28,555 a year.
- The Median household income of a Alpena resident is $40,202 a year. The US average is $69,021 a year.