Zip 48615 (Breckenridge, MI) Economy


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United States / Michigan / Alma Metro Area / Gratiot County / No City / Breckenridge (zip 48615)
The city of Breckenridge, MI (zip code 48615) has an average 2 Bedroom rental rate of $890, well below the US average of $1,430. The Grocery Cost Index in Breckenridge is also favorable, at 90 versus a national index of 100. This makes it an attractive place to live for those looking to save money and still enjoy all the amenities of small-town life. Breckenridge is home to several local businesses such as The Country Store, a specialty grocery store; Breckenridge Carpet & Upholstery Cleaners, a full-service carpet cleaning business; Michlitsch Brothers Hardware & Lumber Co., a hardware and home improvement store; and Fresh Coast Coffee Roasters, a micro-roastery specializing in freshly roasted coffee beans. With its low cost of living and thriving local businesses, Breckenridge is one place you should definitely consider when searching for your next home.

Breckenridge (zip 48615) has an unemployment rate of 5.6%. The US average is 6.0%.

Breckenridge (zip 48615) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Breckenridge (zip 48615)
- The Sales Tax Rate for Breckenridge (zip 48615) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Breckenridge (zip 48615) 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 Breckenridge (zip 48615)
- The average income of a Breckenridge (zip 48615) resident is $23,398 a year. The US average is $28,555 a year.
- The Median household income of a Breckenridge (zip 48615) resident is $64,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBreckenridge, MichiganUnited States
  5.66
  -4.5%-6.2%
  20.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,106$37,638
  $64,063$69,021
  $78,625$85,028
  Population by Occupation
  2.3%1.2%
  0.3%0.5%
  9.0%6.8%
  15.8%10.0%
  4.1%2.5%
  11.1%11.0%
  1.3%4.8%
  1.2%0.8%
  1.8%1.9%
  2.8%4.7%
  0.2%1.9%
  3.7%7.6%
  0.4%0.1%
  4.6%4.2%
  9.2%9.3%
  18.2%14.0%
  1.5%2.1%
  2.8%7.0%
  2.1%4.8%
  7.6%4.7%
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