Zip 49744 (Herron, MI) Economy


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United States / Michigan / Alpena Metro Area / Alpena County / No City / Herron (zip 49744)
Herron, MI (49744) is a small town in Michigan with a population of just over 500. Located 30 miles northwest of Grand Rapids and a little over two hours from Detroit, it's an ideal spot for those looking for a quiet, peaceful atmosphere. With rental prices that are about 40% cheaper than the US average at $840 for a two-bedroom place, Herron is an attractive option for those on more limited budgets. The cost of groceries is also relatively low compared to the national average; at 91 in Herron versus 100 nationally, grocery costs are quite affordable.
Situated along the Muskegon River and close to Manistee National Forest, Herron has plenty of opportunities for outdoor recreation and activities. Local restaurants include Poagie’s Place Restaurant & Bar and Anna’s Country Cafe while other amenities include Pine Mountain Resort and Pioneer Store & Lanes bowling alley. Sport fishing enthusiasts will appreciate the nearby Muskegon River while golfers should visit Pere Marquette Golf Course near Baldwin. With its combination of outdoor activities paired with relatively affordable rent options, Herron is an excellent choice for those looking for peace and quiet in Michigan's lower peninsula.

Herron (zip 49744) has an unemployment rate of 6.0%. The US average is 6.0%.

Herron (zip 49744) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Herron (zip 49744)
- The Sales Tax Rate for Herron (zip 49744) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Herron (zip 49744) 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 Herron (zip 49744)
- The average income of a Herron (zip 49744) resident is $22,437 a year. The US average is $28,555 a year.
- The Median household income of a Herron (zip 49744) resident is $45,144 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerron, MichiganUnited States
  66
  -2.9%-6.2%
  22.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,200$37,638
  $45,144$69,021
  $67,639$85,028
  Population by Occupation
  9.3%1.2%
  0.0%0.5%
  4.1%6.8%
  14.0%10.0%
  1.0%2.5%
  11.6%11.0%
  3.6%4.8%
  1.3%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  6.7%7.6%
  0.0%0.1%
  10.6%4.2%
  5.2%9.3%
  7.5%14.0%
  0.0%2.1%
  1.6%7.0%
  9.0%4.8%
  9.0%4.7%
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