Portage, MI 49002 is a small city located in Southwest Michigan. The 2 Bedroom Rent in Portage is $930 which is lower than the US average of $1,430. The Grocery Cost Index in Portage is 94 which is also lower than the US index of 100. These low costs make it attractive to those looking for affordable living. \nPortage has many local companies that make up its economy including Paragon D&E, Advia Credit Union, and the Air Zoo. Paragon D&E provides high-quality engineering services while Advia Credit Union offers financial services to people across Southwest Michigan. Finally, The Air Zoo offers an exciting learning experience as one of Michigan’s premier aerospace and science museums. All these businesses provide great opportunities for residents and visitors alike.
Portage (zip 49002) has an unemployment rate of 4.7%. The US average is 6.0%.
Portage (zip 49002) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Portage (zip 49002)
- The Sales Tax Rate for Portage (zip 49002) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Portage (zip 49002) 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 Portage (zip 49002)
- The average income of a Portage (zip 49002) resident is $26,705 a year. The US average is $28,555 a year.
- The Median household income of a Portage (zip 49002) resident is $63,080 a year. The US average is $69,021 a year.