Zip 49310 (Blanchard, MI) Economy


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49310 Blanchard, MI is a small community located in Gratiot County. It has a population of around 1,000 people and it is known for its rural atmosphere. The average 2 bedroom rent in this area is around $760 per month, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index here is 92 compared to the US index of 100, making this an excellent place for those looking to cut down on their expenses.
The main industry in Blanchard is agriculture and other local companies include Boxwell Brothers Construction Co., Cavalier-Gillespie Inc., and Wholesale Aluminum Products LLC. There are also many local farms that supply produce to grocery stores nearby. All in all, 49310 Blanchard makes an excellent place to live for those looking for an affordable lifestyle without sacrificing access to local amenities.

Blanchard (zip 49310) has an unemployment rate of 5.5%. The US average is 6.0%.

Blanchard (zip 49310) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Blanchard (zip 49310)
- The Sales Tax Rate for Blanchard (zip 49310) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Blanchard (zip 49310) 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 Blanchard (zip 49310)
- The average income of a Blanchard (zip 49310) resident is $17,933 a year. The US average is $28,555 a year.
- The Median household income of a Blanchard (zip 49310) resident is $54,595 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlanchard, MichiganUnited States
  5.56
  -9.2%-6.2%
  26.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,339$37,638
  $54,595$69,021
  $64,205$85,028
  Population by Occupation
  14.2%1.2%
  0.7%0.5%
  5.6%6.8%
  17.8%10.0%
  2.7%2.5%
  10.3%11.0%
  1.9%4.8%
  0.8%0.8%
  0.9%1.9%
  1.7%4.7%
  0.7%1.9%
  1.1%7.6%
  0.0%0.1%
  1.6%4.2%
  13.1%9.3%
  13.9%14.0%
  1.0%2.1%
  3.1%7.0%
  6.7%4.8%
  2.2%4.7%
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