Zip 49326 (Gowen, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Gowen, MI is a small rural community located in the heart of Michigan. The median 2 bedroom rent in Gowen is $960 which is significantly lower than the US average of $1,430. In addition, the grocery cost index in Gowen is 94 compared to the US average of 100, making it an affordable place to live. Local companies include Pohlman and Associates Accounting Services which provides small business accounting solutions, and Marble Restoration Services which specializes in marble cleaning and restoration services for homeowners and businesses. There are also a variety of other local businesses like hair salons, restaurants, grocery stores, auto shops, bookstores and more.

Gowen (zip 49326) has an unemployment rate of 4.8%. The US average is 6.0%.

Gowen (zip 49326) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Gowen (zip 49326)
- The Sales Tax Rate for Gowen (zip 49326) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gowen (zip 49326) 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 Gowen (zip 49326)
- The average income of a Gowen (zip 49326) resident is $25,690 a year. The US average is $28,555 a year.
- The Median household income of a Gowen (zip 49326) resident is $65,580 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGowen, MichiganUnited States
  4.86
  -6.2%-6.2%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $35,925$37,638
  $65,580$69,021
  $70,625$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  9.4%6.8%
  13.5%10.0%
  6.8%2.5%
  17.0%11.0%
  5.6%4.8%
  0.4%0.8%
  0.0%1.9%
  4.1%4.7%
  3.6%1.9%
  1.2%7.6%
  0.0%0.1%
  6.9%4.2%
  5.3%9.3%
  10.9%14.0%
  1.6%2.1%
  5.4%7.0%
  2.3%4.8%
  1.6%4.7%
Health