48877 Riverdale, MI is a small town with a population of about 1,650 people. It has an average 2 bedroom rent of $870 compared to the US average of $1,430. Furthermore, the grocery cost index in Riverdale is 90 versus 100 in the US. This makes living in Riverdale much more affordable for those looking for a place to call home. Some notable companies with locations in Riverdale include Auto Value, Grand Rapids Electronics, and The ReStore. Auto Value offers car parts, accessories and repairs, while Grand Rapids Electronics specializes in electronic design and manufacturing services. The ReStore is a retail outlet that specializes in salvaged goods from Habitat for Humanity’s home improvement projects. Together these companies provide jobs to many residents of 48877 Riverdale, MI and help contribute to the local economy.
Riverdale (zip 48877) has an unemployment rate of 5.6%. The US average is 6.0%.
Riverdale (zip 48877) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Riverdale (zip 48877)
- The Sales Tax Rate for Riverdale (zip 48877) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverdale (zip 48877) 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 Riverdale (zip 48877)
- The average income of a Riverdale (zip 48877) resident is $19,231 a year. The US average is $28,555 a year.
- The Median household income of a Riverdale (zip 48877) resident is $48,625 a year. The US average is $69,021 a year.