Zip 48880 (St. Louis, MI) Economy


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St. Louis, Michigan (488880) is a small city located in Gratiot County that offers affordability and an excellent quality of life. The median two-bedroom rent in St. Louis is $900, which is significantly lower than the U.S. median of $1,430 per month. Additionally, St. Louis has a grocery cost index of 90 compared to the U.S., making food more affordable for residents living there.
St. Louis boasts vibrant local businesses such as The Flower Box Garden Center & Greenhouse, Old Town Family Restaurant, and the historic St. Louis Theatre Company — all popular stops with locals and visitors alike! For active recreational activities there's the St Louis Sportsmen Club or Prairie River Campground near the Pine River which offer opportunities for fishing or camping within close proximity of St Louis . All these amenities make it an attractive choice for those who want to live somewhere with access to plenty of recreation options without sacrificing affordability or quality of life.

St. Louis (zip 48880) has an unemployment rate of 5.6%. The US average is 6.0%.

St. Louis (zip 48880) 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 St. Louis (zip 48880)
- The Sales Tax Rate for St. Louis (zip 48880) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Louis (zip 48880) 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 St. Louis (zip 48880)
- The average income of a St. Louis (zip 48880) resident is $13,087 a year. The US average is $28,555 a year.
- The Median household income of a St. Louis (zip 48880) resident is $50,780 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Louis, MichiganUnited States
  5.66
  -4.5%-6.2%
  20.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $18,113$37,638
  $50,780$69,021
  $66,875$85,028
  Population by Occupation
  1.6%1.2%
  0.7%0.5%
  7.0%6.8%
  15.9%10.0%
  1.6%2.5%
  8.8%11.0%
  0.8%4.8%
  1.5%0.8%
  0.0%1.9%
  4.5%4.7%
  0.9%1.9%
  3.5%7.6%
  0.0%0.1%
  8.2%4.2%
  9.7%9.3%
  15.9%14.0%
  1.7%2.1%
  6.2%7.0%
  5.9%4.8%
  5.7%4.7%
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