Alden, Michigan is a small town located in 49612 zip code, with a population of 1,220. The average 2 bedroom rent in Alden is $870, which is significantly lower than the national average of $1,430. Grocery Cost Index in Alden is also lower than the national average at 93 versus 100. This makes Alden an attractive place to live for those looking for lower cost of living options.
The local economy in Alden consists of businesses such as Quality Car Wash & Detail Center, Northwood Automotive Service, Beech Bend Business Solutions and Boardwalk Properties Management LLC. Many residents are employed by these companies or commute to nearby cities with larger job markets.
Overall, Alden is a great choice for those looking for an affordable place to call home that still offers convenient access to employment opportunities. The lower rent and cost of living make it an ideal option for budget-conscious individuals and families.
Alden (zip 49612) has an unemployment rate of 7.8%. The US average is 6.0%.
Alden (zip 49612) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Alden (zip 49612)
- The Sales Tax Rate for Alden (zip 49612) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alden (zip 49612) 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 Alden (zip 49612)
- The average income of a Alden (zip 49612) resident is $42,184 a year. The US average is $37,638 a year.
- The Median household income of a Alden (zip 49612) resident is $56,771 a year. The US average is $69,021 a year.