The city of Addison, MI 49220 is a small town with a population of just over 1,000 people. It is a great place for those seeking affordable living and plenty of job opportunities. The average 2 bedroom rent in Addison is $890 making it more than 40% cheaper than the US average. Groceries are also less expensive with a grocery cost index of 95 versus 100 in the US. Local companies offering jobs in the area include K&K Manufacturing, Creative Foam Corporation, and Ridgetop Group Incorporated. All three are leaders in their respective industries and enjoy being an important part of the Addison community. With so many employment options, it’s no surprise that Addison is such an attractive place to live and work!
Addison (zip 49220) has an unemployment rate of 5.5%. The US average is 6.0%.
Addison (zip 49220) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Addison (zip 49220)
- The Sales Tax Rate for Addison (zip 49220) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Addison (zip 49220) 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 Addison (zip 49220)
- The average income of a Addison (zip 49220) resident is $27,912 a year. The US average is $37,638 a year.
- The Median household income of a Addison (zip 49220) resident is $66,167 a year. The US average is $69,021 a year.