Lake Odessa, MI is a small town located near the centre of the state. It has an estimated population of 48849 people, making it one of Michigan's smaller towns. The 2 bedroom rent in Lake Odessa is $940 which is slightly lower than the US average of $1,430. Likewise, the Grocery Cost Index in Lake Odessa is 93 as opposed to 100 in the US. \nLocal employers in this town include Lake Odessa Industries, R&W Machine Inc., and The Hitching Post Restaurant. Despite being a small community, there are still many opportunities for employment for those who are looking for work or want to start their own businesses. With its affordable housing and relatively low cost of living, Lake Odessa is an ideal location for anyone interested in settling down in a quiet area surrounded by beautiful nature scenes. In conclusion, Lake Odessa is an excellent small town choice for those looking for employment opportunities and a peaceful place to call home.
Lake Odessa (zip 48849) has an unemployment rate of 4.7%. The US average is 6.0%.
Lake Odessa (zip 48849) 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 Lake Odessa (zip 48849)
- The Sales Tax Rate for Lake Odessa (zip 48849) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Odessa (zip 48849) 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 Lake Odessa (zip 48849)
- The average income of a Lake Odessa (zip 48849) resident is $23,080 a year. The US average is $28,555 a year.
- The Median household income of a Lake Odessa (zip 48849) resident is $70,451 a year. The US average is $69,021 a year.