Arcadia, MI is a small village located in the Upper Peninsula of Michigan. It has a population of around 500 people and is surrounded by natural beauty. The two bedroom rent in Arcadia is $910 which is significantly lower than the US average of $1,430. The grocery cost index in Arcadia is 96 where as it’s 100 in the US, making groceries more affordable for locals. Local businesses in Arcadia include Schramm's Market, Arcadia Cafe & Pizza, Uszynski Garage Door Service, and the Village Hall Bar & Grill. All these businesses are owned and operated by local families who have been part of the community for generations and play an important role in keeping Arcadia vibrant and alive.
Arcadia (zip 49613) has an unemployment rate of 7.6%. The US average is 6.0%.
Arcadia (zip 49613) has seen the job market decrease by -7.0% 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 Arcadia (zip 49613)
- The Sales Tax Rate for Arcadia (zip 49613) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arcadia (zip 49613) 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 Arcadia (zip 49613)
- The average income of a Arcadia (zip 49613) resident is $49,777 a year. The US average is $37,638 a year.
- The Median household income of a Arcadia (zip 49613) resident is $60,781 a year. The US average is $69,021 a year.