Zip 49103 (Berrien Springs, MI) Economy


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United States / Michigan / Niles Metro Area / Berrien County / No City / Berrien Springs (zip 49103)
Berrien Springs, MI is located in the southwestern corner of Michigan. With a population of just over 1,000, it offers the charm of small town living without sacrificing close proximity to larger cities such as Saint Joseph and Benton Harbor. The median rent for a two bedroom apartment in Berrien Springs is $900, which is significantly lower than the national average of $1,430. In addition to cost-effective housing options, the local grocery cost index of 93 also provides an excellent value for residents looking to save money.
Berrien Springs is home to several thriving businesses and organizations including Lakeland Health Urgent Care, Avery's Food Mart, and Farmer's Market. For recreational activities there are multiple parks within the city limits including North Park and Torrey Park where residents can enjoy outdoor activities such as hiking or fishing in one of Berrien Spring’s many nearby lakes. There are also plenty of local restaurants like China Wok Express that offer delicious cuisine from around the world.

Berrien Springs (zip 49103) has an unemployment rate of 5.8%. The US average is 6.0%.

Berrien Springs (zip 49103) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.

Tax Rates for Berrien Springs (zip 49103)
- The Sales Tax Rate for Berrien Springs (zip 49103) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Berrien Springs (zip 49103) 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 Berrien Springs (zip 49103)
- The average income of a Berrien Springs (zip 49103) resident is $28,772 a year. The US average is $37,638 a year.
- The Median household income of a Berrien Springs (zip 49103) resident is $56,123 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerrien Springs, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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