Alma, Michigan (48801) is a great place to live for those looking for affordable housing and groceries. The average cost of rent for a two bedroom residence is $850, making it significantly less expensive than the national average of $1,430. Additionally, the grocery cost index in Alma is 90 compared to the US average of 100, making it an even more attractive option for budget-conscious folks.
Alma has many great businesses catering to its diverse population. Local favorites include Martha’s Bakery & Cafe serving up tasty breakfast and lunch items as well as delicious baked goods and desserts. Another popular spot is A&L Clothing Store which provides a wide selection of clothing and accessories perfect for all seasons. Other establishments such as Craig’s Hardware Store and Wamplers Lake Boat Rentals offer residents outdoor activities such as boating and fishing in the nearby lake.
New residents in Alma can rest assured knowing that there are plenty of amenities available at an affordable rate which make this small community a great place to call home.
Alma (zip 48801) has an unemployment rate of 5.6%. The US average is 6.0%.
Alma (zip 48801) 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 Alma (zip 48801)
- The Sales Tax Rate for Alma (zip 48801) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alma (zip 48801) 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 Alma (zip 48801)
- The average income of a Alma (zip 48801) resident is $18,652 a year. The US average is $28,555 a year.
- The Median household income of a Alma (zip 48801) resident is $48,827 a year. The US average is $69,021 a year.