Pewamo, MI is a small rural village located in Ionia County. It's a great place to live with affordable housing as the 2 bedroom rent is $880 compared to the US average of $1,430. In addition to low rental costs, Pewamo also offers inexpensive groceries with an index of 94 against the national average of 100. The village is home to several local businesses such as Pewamo Lumber & Supply Company, Family Hair Care Salon, Stapley’s Lawncare & Snowplowing, and New China Restaurant. Pewamo also features many amenities including a public library, city park with pavilions and walking trails, community center with dance classes, and a post office.
Pewamo has an unemployment rate of 4.7%. The US average is 6.0%.
Pewamo 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 Pewamo
- The Sales Tax Rate for Pewamo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pewamo 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 Pewamo
- The average income of a Pewamo resident is $23,416 a year. The US average is $28,555 a year.
- The Median household income of a Pewamo resident is $71,250 a year. The US average is $69,021 a year.