Coral, Michigan (49322) is an attractive small town with a population of approximately 800 people. It offers rental prices that are significantly lower than the national average at $1,060 for a 2 bedroom apartment. The cost of living is also relatively low when compared to the rest of the US as evidenced by its Grocery Cost Index of 91 versus 100 in the US.
One can explore many attractions and activities in Coral, Michigan. One example is the Midland County Fair, which features rides, games, food vendors and livestock exhibitions each summer. For outdoor enthusiasts there are several parks nearby including Chippewa Nature Center and Sanford Lake Park. Locally owned businesses such as Chill & Grill Sports Bar & Billiards provide entertainment options to residents while shopping needs can be met at stores like Eastman Party Store or 3-T’s Variety Store.
Coral (zip 49322) has an unemployment rate of 5.8%. The US average is 6.0%.
Coral (zip 49322) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Coral (zip 49322)
- The Sales Tax Rate for Coral (zip 49322) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coral (zip 49322) 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 Coral (zip 49322)
- The average income of a Coral (zip 49322) resident is $17,847 a year. The US average is $28,555 a year.
- The Median household income of a Coral (zip 49322) resident is $51,250 a year. The US average is $69,021 a year.