Zip 48739 (Hale, MI) Economy


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United States / Michigan / No Metro Area / Iosco County / No City / Hale (zip 48739)
48739 Hale, MI is a great place to rent or buy a home. It has two bedroom rental prices that are much lower than the national average at $830 per month, making it an attractive option for those looking to save money while living in the area. Residents enjoy living close to local companies such as the Hale Public School District, Hale Area Health Center, and the Hale Township Library. Additionally, there is a grocery cost index of 90 versus 100 in the US, making staples such as food more affordable. All these amenities combined with a low cost of living make 48739 Hale an ideal place to live.

Hale (zip 48739) has an unemployment rate of 7.5%. The US average is 6.0%.

Hale (zip 48739) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Hale (zip 48739)
- The Sales Tax Rate for Hale (zip 48739) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hale (zip 48739) 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 Hale (zip 48739)
- The average income of a Hale (zip 48739) resident is $20,700 a year. The US average is $28,555 a year.
- The Median household income of a Hale (zip 48739) resident is $40,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHale, MichiganUnited States
  7.56
  -5.3%-6.2%
  23.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,253$37,638
  $40,953$69,021
  $56,419$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  10.3%6.8%
  13.1%10.0%
  0.3%2.5%
  20.4%11.0%
  4.8%4.8%
  1.1%0.8%
  0.0%1.9%
  3.5%4.7%
  1.7%1.9%
  2.1%7.6%
  0.0%0.1%
  4.0%4.2%
  10.6%9.3%
  8.5%14.0%
  1.7%2.1%
  6.8%7.0%
  6.8%4.8%
  2.8%4.7%
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