Zip 49912 (Bruce Crossing, MI) Economy


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United States / Michigan / No Metro Area / Ontonagon County / No City / Bruce Crossing (zip 49912)
49912 Bruce Crossing, Michigan is an ideal location for those looking for a safe and affordable lifestyle. The average two bedroom rent in the area is only $820 per month, which is much lower than the national average of $1,430. This means that those on a tight budget can still find comfortable housing without breaking the bank. Additionally, grocery costs are even lower than elsewhere in the country with an index rating of 91 versus 100 in the US. For local shopping, residents can visit places like Walmart Supercenter or Fin-Leen's Market to pick up all their necessities for less. All in all, Bruce Crossing offers residents a low cost of living and plenty of opportunities to save money.

Bruce Crossing (zip 49912) has an unemployment rate of 7.8%. The US average is 6.0%.

Bruce Crossing (zip 49912) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 6.9%, which is lower than the US average of 33.5%.

Tax Rates for Bruce Crossing (zip 49912)
- The Sales Tax Rate for Bruce Crossing (zip 49912) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bruce Crossing (zip 49912) 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 Bruce Crossing (zip 49912)
- The average income of a Bruce Crossing (zip 49912) resident is $22,196 a year. The US average is $28,555 a year.
- The Median household income of a Bruce Crossing (zip 49912) resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBruce Crossing, MichiganUnited States
  7.86
  -5.3%-6.2%
  6.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,547$37,638
  $42,500$69,021
  $63,333$85,028
  Population by Occupation
  7.9%1.2%
  0.0%0.5%
  5.5%6.8%
  7.6%10.0%
  1.2%2.5%
  6.4%11.0%
  5.2%4.8%
  0.0%0.8%
  0.6%1.9%
  2.1%4.7%
  0.6%1.9%
  8.8%7.6%
  0.0%0.1%
  0.6%4.2%
  10.6%9.3%
  8.2%14.0%
  12.5%2.1%
  10.0%7.0%
  1.2%4.8%
  10.9%4.7%
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