Zip 48910 (Lansing, MI) Economy


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48910 Lansing, MI is a great place to live with plenty of local companies offering an array of services. Two bedroom rent in this area averages around $1,030 per month, which is much more affordable than the US average of $1,430. Additionally, their grocery cost index is 91 compared to the US average of 100 which demonstrates how much money can be saved on everyday expenses. Popular businesses in 48910 Lansing include D&W Fresh Market, Kroger Marketplace and Spartan Stores. The area also features several locally owned establishments such as Potter Park Zoo, Capitol City Brewing Company and Grand Ledge Opera House. With these businesses available within 48910 Lansing and its comparatively lower costs for rent and groceries, it's no surprise why so many people choose to live in this city.

Lansing (zip 48910) has an unemployment rate of 7.4%. The US average is 6.0%.

Lansing (zip 48910) 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 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Lansing (zip 48910)
- The Sales Tax Rate for Lansing (zip 48910) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lansing (zip 48910) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lansing (zip 48910)
- The average income of a Lansing (zip 48910) resident is $20,814 a year. The US average is $28,555 a year.
- The Median household income of a Lansing (zip 48910) resident is $45,280 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLansing, MichiganUnited States
  7.46
  -6.9%-6.2%
  32.4%33.5%
  6.0%6.2%
  5.3%4.6%
  $26,753$37,638
  $45,280$69,021
  $56,724$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  4.0%6.8%
  11.7%10.0%
  1.6%2.5%
  11.4%11.0%
  6.2%4.8%
  0.7%0.8%
  1.6%1.9%
  4.5%4.7%
  1.5%1.9%
  4.7%7.6%
  0.0%0.1%
  5.0%4.2%
  13.3%9.3%
  11.9%14.0%
  1.4%2.1%
  8.3%7.0%
  3.8%4.8%
  7.3%4.7%
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