Zip 49707 (Alpena, MI) Economy


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Alpena, MI is located in the north-central part of the state and is home to approximately 10,800 people. The two bedroom rent in Alpena is $850 per month, significantly lower than the US average of $1,430. Grocery cost index in Alpena is also more favorable compared to that of the rest of the country with a rating of 90 versus 100 for US average. \nAlpena is a great place to call home. Some local companies include Walmart, Lowe's Home Improvement, and various other small businesses. Popular attractions include Thunder Bay National Marine Sanctuary, Great Lakes Maritime Heritage Center and many others such as hiking trails and nearby lakes for fishing or leisure activities.

Alpena (zip 49707) has an unemployment rate of 6.0%. The US average is 6.0%.

Alpena (zip 49707) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Alpena (zip 49707)
- The Sales Tax Rate for Alpena (zip 49707) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alpena (zip 49707) 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 Alpena (zip 49707)
- The average income of a Alpena (zip 49707) resident is $22,343 a year. The US average is $28,555 a year.
- The Median household income of a Alpena (zip 49707) resident is $44,138 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlpena, MichiganUnited States
  66
  -2.9%-6.2%
  22.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,297$37,638
  $44,138$69,021
  $54,359$85,028
  Population by Occupation
  0.8%1.2%
  0.5%0.5%
  5.9%6.8%
  13.4%10.0%
  2.3%2.5%
  12.9%11.0%
  3.8%4.8%
  0.9%0.8%
  1.1%1.9%
  3.4%4.7%
  0.8%1.9%
  3.7%7.6%
  0.0%0.1%
  2.9%4.2%
  7.4%9.3%
  19.0%14.0%
  3.2%2.1%
  8.5%7.0%
  6.3%4.8%
  3.2%4.7%
Reviews for Alpena
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I've lived in this city for 14 years (my whole life), I rate it 5/5 because it's just a great place to live and grow up. There are many things to do here, like Besser  More

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