Zip 49911 (Bessemer, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / No Metro Area / Gogebic County / Bessemer / Bessemer (zip 49911)
49911 Bessemer, MI is a small city located in the Upper Peninsula of Michigan. It has a population of approximately 3,300 people according to the 2010 census. The city is known for its picturesque views of Lake Superior, beautiful hiking trails, and outdoor recreation opportunities. The 2 bedroom rent in this area is substantially lower than the US average at $840. Additionally, grocery costs are lower than the national average at 91 compared to 100 in the US, making this city an attractive option for budget-conscious families.
The city offers a variety of local businesses and amenities such as stores selling hunting and fishing supplies, clothing boutiques, restaurants serving traditional dishes like pasties and goulash, locker services for hunters and fishermen who want to store their game or haul it home safely, a bowling alley, a movie theater complex with 8 screens to choose from, several parks for recreational activities like tennis courts and disc golf courses, along with a fitness center. Local schools include Bessemer High School which has received an A rating from Niche since 2019. 49911 Here you can find everything you need for comfortable living in an affordable price range!

Bessemer (zip 49911) has an unemployment rate of 5.6%. The US average is 6.0%.

Bessemer (zip 49911) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.8%, which is lower than the US average of 33.5%.

Tax Rates for Bessemer (zip 49911)
- The Sales Tax Rate for Bessemer (zip 49911) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bessemer (zip 49911) 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 Bessemer (zip 49911)
- The average income of a Bessemer (zip 49911) resident is $23,300 a year. The US average is $28,555 a year.
- The Median household income of a Bessemer (zip 49911) resident is $48,705 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBessemer, MichiganUnited States
  5.66
  -5.4%-6.2%
  17.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,936$37,638
  $48,705$69,021
  $65,368$85,028
  Population by Occupation
  3.6%1.2%
  1.1%0.5%
  3.1%6.8%
  8.1%10.0%
  0.0%2.5%
  15.8%11.0%
  8.3%4.8%
  0.4%0.8%
  0.6%1.9%
  12.1%4.7%
  0.1%1.9%
  5.7%7.6%
  0.0%0.1%
  1.5%4.2%
  3.7%9.3%
  17.1%14.0%
  2.7%2.1%
  5.0%7.0%
  3.6%4.8%
  7.7%4.7%
Health