Zip 49401 (Allendale, MI) Economy


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Allendale, Michigan (49401) is a small town located in the western part of the state. It has an affordable cost of living with 2 bedroom rents averaging at $1,280 compared to the national US average of $1,430. Additionally, grocery costs index in Allendale is 97 versus 100 in the US. The downtown area has several local businesses that cater to both locals and visitors alike. These include Art & Soul Gifts for unique gifts and home décor, Allendale Floral for special occasions and festive seasons, and The Bullpen Sports Bar & Grill for some good old fashioned bar food. Other attractions include a city park with a playground, walking trails, and sports fields. Allendale provides a safe community with lots of amenities perfect for people looking for an affordable place to call home.

Allendale (zip 49401) has an unemployment rate of 4.3%. The US average is 6.0%.

Allendale (zip 49401) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Allendale (zip 49401)
- The Sales Tax Rate for Allendale (zip 49401) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allendale (zip 49401) 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 Allendale (zip 49401)
- The average income of a Allendale (zip 49401) resident is $15,362 a year. The US average is $28,555 a year.
- The Median household income of a Allendale (zip 49401) resident is $66,441 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllendale, MichiganUnited States
  4.36
  -6.0%-6.2%
  36.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $22,672$37,638
  $66,441$69,021
  $90,443$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.1%6.8%
  11.5%10.0%
  1.8%2.5%
  12.7%11.0%
  2.0%4.8%
  0.5%0.8%
  0.7%1.9%
  3.0%4.7%
  2.3%1.9%
  4.9%7.6%
  0.0%0.1%
  2.0%4.2%
  14.2%9.3%
  17.4%14.0%
  2.1%2.1%
  12.7%7.0%
  2.8%4.8%
  1.8%4.7%
Health