Elk Rapids, MI 49629 has a population of approximately 2,081 and experiences a population change rate of -10.07%. The population density is 518.1 / sq mi .
Elk Rapids, MI 49629 has a population of approximately 2,081 and experiences a population change rate of -10.07%. The population density is 518.1 / sq mi .
The median household income for Elk Rapids, MI 49629 is $61,538, with 960 households and an average household size of 2.
The median value of a home in Elk Rapids, MI 49629 is $429,800 with an appreciation rate of 19.80%. 48.48% of housing in the state is owned while 12.44% is rented.
The cost of living in Elk Rapids, MI 49629 is 105.6 %.
The unemployment rate in Elk Rapids, MI 49629 is 5.40%, and recent job growth is at -1.90%. Future job growth is projected at 26.34%.
The sales tax rate in Elk Rapids, MI 49629 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Elk Rapids, MI 49629 are $12,489, and the school ratio is 16.3:1.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 31.7 inches per year, with 110.9 inches of snow per year.