48006 Avoca, MI is an affordable place to live for families and individuals alike. The average 2 bedroom rent in Avoca costs around $1,040 per month, which is significantly cheaper than the US average of $1,430. Cost of living is also much lower due to the Grocery Index score of 95 versus 100 in the US. There are plenty of local restaurants and businesses available such as Taqueria El Paraiso Mexican Restaurant and Travantle Coffee & Tea Co. for residents to enjoy. Shopping centers like Meijer and Walmart make sure that all necessities are taken care of while providing a variety of products at competitive prices. In comparison to other cities in the US, 48006 Avoca, MI offers a great value for its residents with lower housing costs and a cost of living index that is below national averages.
Avoca (zip 48006) has an unemployment rate of 4.5%. The US average is 6.0%.
Avoca (zip 48006) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Avoca (zip 48006)
- The Sales Tax Rate for Avoca (zip 48006) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Avoca (zip 48006) 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 Avoca (zip 48006)
- The average income of a Avoca (zip 48006) resident is $25,478 a year. The US average is $28,555 a year.
- The Median household income of a Avoca (zip 48006) resident is $66,645 a year. The US average is $69,021 a year.