Zip 48026 (Fraser, MI) Economy


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Fraser, Michigan is a great place to live and thrive with its affordable housing and low cost of living. The average two bedroom rent in Fraser, MI is just $1,020 per month which is significantly less than the national average of $1,430. With the Grocery Cost Index being 94 in Fraser compared to 100 in the US overall, it's easy to see why people would choose to move there. Additionally, Fraser has many great local businesses and attractions that make it an ideal place to live. A few of these include Lakeside Optical for all your optical needs, Giddea's Party Store for your liquor needs, popular restaurant destinations like La Dolce Vita Italian Restaurant and Fraserview Bar & Grill for some amazing meals. There are plenty of other places to explore in Fraser as well such as Stony Creek Metro Park for outdoor fun or local golf courses like Meadowbrook Golf Course or Fox Hills Golf & Banquet Center.

Fraser (zip 48026) has an unemployment rate of 4.3%. The US average is 6.0%.

Fraser (zip 48026) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Fraser (zip 48026)
- The Sales Tax Rate for Fraser (zip 48026) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fraser (zip 48026) 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 Fraser (zip 48026)
- The average income of a Fraser (zip 48026) resident is $29,617 a year. The US average is $28,555 a year.
- The Median household income of a Fraser (zip 48026) resident is $59,471 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFraser, MichiganUnited States
  4.36
  -10.6%-6.2%
  37.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,191$37,638
  $59,471$69,021
  $74,146$85,028
  Population by Occupation
  0.4%1.2%
  0.3%0.5%
  4.6%6.8%
  18.4%10.0%
  2.0%2.5%
  13.2%11.0%
  2.2%4.8%
  1.3%0.8%
  1.4%1.9%
  5.6%4.7%
  1.3%1.9%
  6.1%7.6%
  0.0%0.1%
  4.4%4.2%
  6.9%9.3%
  13.5%14.0%
  1.0%2.1%
  7.0%7.0%
  7.0%4.8%
  3.5%4.7%
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