Lawrence, Michigan is a small city located in Van Buren County. It has a population of just under 4,900 people. The average two bedroom rent for this area is $870, which is significantly lower than the national average of $1,430.The Grocery Cost Index in Lawrence, MI is 93 versus the 100 index in the US.
Lawrence offers residents and visitors many amenities and attractions such as apple orchards, a nature center, and outdoor recreation opportunities. Local businesses include Lawrence Family Market, Lawrence Roadside Stand & Deli, and Piggotts Payless Meats. These businesses provide goods and services that are important to the community. Additionally, there are several restaurants in Lawrence including El Azteca Mexican Restaurant & Bar as well as Lil' Sandy’s Restaurant offering great food and atmosphere.
Lawrence (zip 49064) has an unemployment rate of 6.6%. The US average is 6.0%.
Lawrence (zip 49064) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Lawrence (zip 49064)
- The Sales Tax Rate for Lawrence (zip 49064) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lawrence (zip 49064) 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 Lawrence (zip 49064)
- The average income of a Lawrence (zip 49064) resident is $20,183 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence (zip 49064) resident is $59,932 a year. The US average is $69,021 a year.