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Watersmeet, MI

Full City Profile · Michigan · Vilas County County

3.0 /5.0
B Good
273 Population 30/sq mi density
$60,708 Median Income $31,190 per capita
$68,500 Home Value $272,641 Zillow
39°F Avg Temperature 249 sunny days/yr
205 Violent Crime/100K 4,162 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,708 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$68,500 home value, /mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher

Income Overview

Median Household Income
$60,708
19% below
US avg: $75,149
Per Capita Income
$31,190
20% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Watersmeet vs. U.S. Average

Each bar shows Watersmeet’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,708
81%
Per Capita
US: $39,052
$31,190
80%
IRS Avg AGI
US: $72,000
$78,421
109%
Avg Weekly Wage
US: $1,432
$868
61%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$868
39% below US avg ($1,432)
Mean Commute Time
10 min
65% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
72.9%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,342M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 72.9%
Public Transit 0%
Work From Home 0%
Other 27.1%
Average commute time
10 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,010
Restaurants
212
Healthcare
44
Retail
141
Manufacturing
29

Tax & Financial

IRS Avg Adjusted Gross Income
$78,421
9% above US avg ($72,000)
Avg Property Tax
$6,245
78% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,708
Per Capita Income$31,190
IRS Avg Adjusted Gross Income$78,421
Avg Weekly Wage$868
County GDP$1,342M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.442
Cost of Living Index96.2

Commute

Mean Commute10 minutes
Drive Alone72.9%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments1,010
Restaurants212
Healthcare44
Retail141
Manufacturing29

Tax

IRS Avg AGI$78,421
Avg Property Tax$6,245