Zip 48529 (Burton, MI) Economy


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Burton, Michigan (48529) is a great place to call home with an affordable 2 bedroom rent of $870, compared to the US average of $1,430. In addition, groceries are much cheaper in Burton with an index of 89 as opposed to 100 in the US. The city features many local businesses that cater to the residents such as The Buttery Bakery and Café which offers freshly prepared foods and baked goods, Burton Flower Co for all your floral needs, and S&J Auto Repair for all your car repair needs. Burton also has many small locally owned eateries like Rollin' Stone Pizza & Subs, a family-owned restaurant that serves delicious Italian cuisine. Furthermore, there is a vibrant shopping scene featuring stores like Burton Mall Shopping Center offering clothing from top brands. With plenty of options for shopping and dining out close to home, Burton is an excellent choice for those looking for a safe and affordable place to live.

Burton (zip 48529) has an unemployment rate of 7.2%. The US average is 6.0%.

Burton (zip 48529) 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 48529)
- The Sales Tax Rate for Burton (zip 48529) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Burton (zip 48529) 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 48529)
- The average income of a Burton (zip 48529) resident is $17,215 a year. The US average is $28,555 a year.
- The Median household income of a Burton (zip 48529) resident is $30,985 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%
  $18,758$37,638
  $30,985$69,021
  $40,170$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.8%6.8%
  18.5%10.0%
  1.3%2.5%
  15.6%11.0%
  6.1%4.8%
  0.0%0.8%
  0.7%1.9%
  2.7%4.7%
  0.4%1.9%
  0.4%7.6%
  0.0%0.1%
  6.7%4.2%
  3.8%9.3%
  13.9%14.0%
  2.0%2.1%
  8.6%7.0%
  6.9%4.8%
  2.6%4.7%
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