Zip 49227 (Allen, MI) Economy


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Allen, Michigan is a small town located in Jackson County with a population of 49227. The average two-bedroom rent in this area is $840, which is significantly less than the national average 2 bedroom rent of $1,430. This makes it an attractive option for those looking to save money on housing costs. Additionally, Allen has a Grocery Cost Index of 92 compared to 100 in the US - another opportunity for those looking to save money on living expenses.
The small town offers several local businesses such as the Schupan Recycling Center and Ladd's Garden Center & Florist, making it a great place to live and work. There are also several restaurants and entertainment venues available such as The Big Apple Bar & Grill and J Rose Entertainment Venue. With its low cost of living and array of local businesses, Allen is an ideal place for people looking for a peaceful yet thriving community.

Allen (zip 49227) has an unemployment rate of 5.4%. The US average is 6.0%.

Allen (zip 49227) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Allen (zip 49227)
- The Sales Tax Rate for Allen (zip 49227) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allen (zip 49227) 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 Allen (zip 49227)
- The average income of a Allen (zip 49227) resident is $20,863 a year. The US average is $28,555 a year.
- The Median household income of a Allen (zip 49227) resident is $52,361 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllen, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,001$37,638
  $52,361$69,021
  $56,875$85,028
  Population by Occupation
  5.4%1.2%
  0.0%0.5%
  7.9%6.8%
  31.7%10.0%
  3.1%2.5%
  10.0%11.0%
  5.4%4.8%
  0.0%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  3.9%4.2%
  9.1%9.3%
  5.0%14.0%
  0.6%2.1%
  4.2%7.0%
  4.4%4.8%
  3.9%4.7%
Health