Zip 49712 (Boyne City, MI) Economy


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United States / Michigan / No Metro Area / Charlevoix County / Boyne City / Boyne City (zip 49712)
Boyne City, Michigan is a small town located in the 49712 zip code. This area is known for its rich culture and scenic attractions. The cost of living in Boyne City is quite affordable, with an average 2 bedroom rent of $880 per month. Other expenses such as groceries are also fairly inexpensive compared to the national index at 95 versus 100. With such low costs, residents can easily take advantage of all the excellent amenities that Boyne City has to offer. There are numerous local companies that help give the city its unique charm. Examples include Cherry Republic where locals can buy homemade treats and souvenirs or Mannina's Wine Shop which offers a wide variety of wines from around the world.

Boyne City (zip 49712) has an unemployment rate of 6.7%. The US average is 6.0%.

Boyne City (zip 49712) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Boyne City (zip 49712)
- The Sales Tax Rate for Boyne City (zip 49712) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boyne City (zip 49712) 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 Boyne City (zip 49712)
- The average income of a Boyne City (zip 49712) resident is $24,659 a year. The US average is $28,555 a year.
- The Median household income of a Boyne City (zip 49712) resident is $64,286 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoyne City, MichiganUnited States
  6.76
  -7.4%-6.2%
  25.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,011$37,638
  $64,286$69,021
  $79,826$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  7.3%6.8%
  17.6%10.0%
  1.6%2.5%
  9.4%11.0%
  1.9%4.8%
  2.0%0.8%
  0.8%1.9%
  1.8%4.7%
  3.2%1.9%
  5.2%7.6%
  0.4%0.1%
  2.9%4.2%
  6.9%9.3%
  14.6%14.0%
  4.3%2.1%
  10.8%7.0%
  5.4%4.8%
  2.8%4.7%
Health