Lansing, Michigan (48912) is a great place to live with many benefits. The average two bedroom rent in this zip code is lower than the US average at only $1,080 as compared to $1,430. Further adding to its affordability is the Grocery Cost Index which is 91 versus 100 for the US. There are many local businesses in Lansing such as Neogen Corporation, Sparrow Health System, Jackson National Life Insurance Company and Accident Fund Insurance Company of America that provide employment opportunities. These businesses also contribute greatly to Lansing's economy and vitality. Residents of Lansing have access to the best possible education through Michigan State University, Lansing Community College and other schools nearby. Also, there are plenty of recreational activities and outdoor spaces for everyone to enjoy from Red Cedar River Park Trail to Fenner Nature Center. With its affordable housing costs, vibrant local economy and many amenities available, Lansing is an ideal place to live.
Lansing (zip 48912) has an unemployment rate of 7.4%. The US average is 6.0%.
Lansing (zip 48912) 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 48912)
- The Sales Tax Rate for Lansing (zip 48912) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lansing (zip 48912) 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 48912)
- The average income of a Lansing (zip 48912) resident is $20,815 a year. The US average is $28,555 a year.
- The Median household income of a Lansing (zip 48912) resident is $47,174 a year. The US average is $69,021 a year.