Zip 48509 (Burton, MI) Economy


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Burton, MI is a city located in Genesee County, with a population of approximately 31,000 people. The 2 bedroom rent for this area is quite affordable compared to the national average - $1,080 a month versus $1,430 in the US. Additionally, the cost of groceries here is quite low due to its index of 92 compared to 100 in the US. Homeowners and renters alike can benefit from this price difference when shopping for everyday essentials. Burton also has several local businesses that contribute to its economy including Tim Horton's coffee shop, Drayton Plains Nature Center, and Genesee Valley Center Mall. Additionally, there are numerous restaurants such as China House and La Familia Mexican Restaurant that provide delicious local cuisine. Residents of Burton have easy access to many amenities and enjoy the convenience of having all these businesses within their vicinity.

Burton (zip 48509) has an unemployment rate of 7.2%. The US average is 6.0%.

Burton (zip 48509) 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 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Burton (zip 48509)
- The Sales Tax Rate for Burton (zip 48509) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Burton (zip 48509) 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 Burton (zip 48509)
- The average income of a Burton (zip 48509) resident is $23,825 a year. The US average is $28,555 a year.
- The Median household income of a Burton (zip 48509) resident is $59,769 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurton, MichiganUnited States
  7.26
  -7.4%-6.2%
  25.6%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,658$37,638
  $59,769$69,021
  $72,275$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  5.5%6.8%
  16.2%10.0%
  2.0%2.5%
  19.9%11.0%
  8.5%4.8%
  0.1%0.8%
  2.3%1.9%
  1.6%4.7%
  2.4%1.9%
  2.9%7.6%
  0.0%0.1%
  6.2%4.2%
  4.4%9.3%
  11.1%14.0%
  1.6%2.1%
  9.3%7.0%
  3.1%4.8%
  1.5%4.7%
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