Zip 48455 (Metamora, MI) Economy


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Metamora, Michigan is a small town located near Lapeer county with a population of just 48455. Rent for two bedroom apartments here is much lower than the US average at $1,050 per month. Cost of living in Metamora is also relatively low compared to other parts of the country. The Grocery Cost Index here is 99 versus 100 in the US. Local businesses in Metamora include Mancinos Pizza & Grinders, A Plus Grocery, Dollar General and Bennett's Store & Bakery. With low rent and reasonable grocery costs, this small town offers an affordable place to live for those looking to move away from bigger cities.

Metamora (zip 48455) has an unemployment rate of 4.9%. The US average is 6.0%.

Metamora (zip 48455) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Metamora (zip 48455)
- The Sales Tax Rate for Metamora (zip 48455) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Metamora (zip 48455) 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 Metamora (zip 48455)
- The average income of a Metamora (zip 48455) resident is $29,950 a year. The US average is $28,555 a year.
- The Median household income of a Metamora (zip 48455) resident is $86,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetamora, MichiganUnited States
  4.96
  -10.4%-6.2%
  33.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $43,385$37,638
  $86,357$69,021
  $99,628$85,028
  Population by Occupation
  3.7%1.2%
  0.1%0.5%
  6.1%6.8%
  24.9%10.0%
  4.4%2.5%
  5.9%11.0%
  3.2%4.8%
  0.3%0.8%
  0.8%1.9%
  5.4%4.7%
  1.8%1.9%
  4.2%7.6%
  0.0%0.1%
  3.0%4.2%
  8.9%9.3%
  14.0%14.0%
  1.5%2.1%
  3.3%7.0%
  5.1%4.8%
  3.5%4.7%
Reviews for Metamora
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Over 7 years ago

I love Metamora. Very good, down to earth, helpful and kind people, amazing nature. Wild and domestic animals. Beautiful horses. Beautiful gardens. The back roads are so  More

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