Sebewa, MI Economy


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United States / Michigan / No Metro Area / Ionia County / Sebewa / Zip Codes
Sebewa, MI is a small town located in mid-Michigan with an affordable cost of living for residents. The 2 bedroom rent is approximately $1,020, which is nearly $400 less than the US average rent cost of $1,430. Additionally, the Grocery Cost Index in Sebewa is 94 compared to 100 in the US. Residents can take advantage of local companies such as Sebewa Township Fireworks and Sebewa Landscaping & Maintenance. Overall, Sebewa offers a low cost of living and plenty of local businesses to enjoy.

Sebewa has an unemployment rate of 4.7%. The US average is 6.0%.

Sebewa has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Sebewa
- The Sales Tax Rate for Sebewa is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sebewa 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 Sebewa
- The average income of a Sebewa resident is $26,233 a year. The US average is $28,555 a year.
- The Median household income of a Sebewa resident is $68,142 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySebewa, MichiganUnited States
  4.76
  -4.7%-6.2%
  32.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $24,319$37,638
  $68,142$69,021
  $67,177$85,028
  Population by Occupation
  7.2%1.2%
  0.0%0.5%
  7.2%6.8%
  19.4%10.0%
  4.6%2.5%
  13.5%11.0%
  3.7%4.8%
  0.6%0.8%
  1.0%1.9%
  3.1%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  2.1%4.2%
  1.5%9.3%
  12.9%14.0%
  3.9%2.1%
  6.4%7.0%
  3.7%4.8%
  5.5%4.7%
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