Big Rapids, MI is a great place to live, work and raise a family. The 2 bedroom rent in Big Rapids is $830 which is significantly lower than the US average of $1,430. Grocery Cost Index for Big Rapids is 93 versus 100 in the US making it an affordable place to live. Big Rapids offers many job opportunities at local companies like Ferris State University, Spectrum Health Big Rapids Hospital, Chemical Bank and Art Van Furniture. There are also many recreational activities such as tubing on Muskegon River and visiting local parks like White Pine Trail State Park. Overall, Big Rapids provides a high quality of life with low cost of living.
Big Rapids (zip 49307) has an unemployment rate of 7.0%. The US average is 6.0%.
Big Rapids (zip 49307) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Big Rapids (zip 49307)
- The Sales Tax Rate for Big Rapids (zip 49307) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Big Rapids (zip 49307) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Big Rapids (zip 49307)
- The average income of a Big Rapids (zip 49307) resident is $24,149 a year. The US average is $37,638 a year.
- The Median household income of a Big Rapids (zip 49307) resident is $43,926 a year. The US average is $69,021 a year.