Elk Rapids, MI 49629

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 440 570 $10,604 $1,814
(15.91% of returns)
$1,560
(11.36% of returns)
$0
$25,000 to $50,000 230 370 $27,043 $2,716
(26.09% of returns)
$7,355
(39.13% of returns)
$4,900
$50,000 to $75,000 180 340 $42,296 $5,016
(33.33% of returns)
$16,112
(44.44% of returns)
$5,466
$75,000 to $100,000 130 290 $49,147 $6,250
(46.15% of returns)
$21,871
(53.85% of returns)
$6,800
$100,000 to $200,000 180 400 $74,672 $15,910
(55.56% of returns)
$25,400
(61.11% of returns)
$8,466
Over $200,000 70 150 $265,391 $62,260
(71.43% of returns)
$29,700
(57.14% of returns)
$10,500
For Zip 1230 2120 $52,637

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0425 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0144 13

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38