Zip 48612 (Beaverton, MI) Economy


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United States / Michigan / No Metro Area / Gladwin County / No City / Beaverton (zip 48612)
48612 Beaverton, MI is an ideal city for many people due to its low cost of living. According to Rent Jungle, the median 2 bedroom rent in Beaverton is $800 which is significantly lower than the US median of $1,430. Grocery costs are also much lower, with a Grocery Cost Index score of 91 compared to 100 in the US. This makes it easy for people of all incomes to put food on the table. In addition to cost savings, Beaverton also has plenty of attractions and amenities for residents. From fishing on Wixom Lake to visiting local historical sites like the Historic Beaver Valley Schoolhouse and Irish Hills Tower, there's something for everyone here. The town is also home to a variety of businesses such as John's Market & Deli, Mocon Manufacturing Corporation and K&K Machine Shop. Sources: Rent Jungle, Sperling's Best Places

Beaverton (zip 48612) has an unemployment rate of 7.5%. The US average is 6.0%.

Beaverton (zip 48612) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Beaverton (zip 48612)
- The Sales Tax Rate for Beaverton (zip 48612) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beaverton (zip 48612) 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 Beaverton (zip 48612)
- The average income of a Beaverton (zip 48612) resident is $26,747 a year. The US average is $37,638 a year.
- The Median household income of a Beaverton (zip 48612) resident is $48,025 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaverton, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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