Zip 49315 (Byron Center, MI) Economy


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United States / Michigan / Grand Rapids-Kentwood Metro Area / Kent County / No City / Byron Center (zip 49315)
Byron Center, Michigan is located in Kent County and has a population of 4,931 people. This small town is known for its friendly atmosphere and close-knit community. The two bedroom rent in Byron Center is considerably lower than the US average at $1,250 versus $1,430. Additionally, the cost of living index in Byron Center is 99 versus 100 in the US, meaning that prices here are slightly lower than the national average. This makes Byron Center an affordable place to live for many people. There are several local companies that serve the area such as The Nugget Spot (a restaurant), River City Plastics (a plastics manufacturer), and Palsonic USA Inc (a computer parts producer). In conclusion, Byron Center offers affordable housing and cost of living combined with a warm community atmosphere making it an ideal place to settle down and call home.

Byron Center (zip 49315) has an unemployment rate of 4.8%. The US average is 6.0%.

Byron Center (zip 49315) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Byron Center (zip 49315)
- The Sales Tax Rate for Byron Center (zip 49315) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Byron Center (zip 49315) 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 Byron Center (zip 49315)
- The average income of a Byron Center (zip 49315) resident is $41,473 a year. The US average is $37,638 a year.
- The Median household income of a Byron Center (zip 49315) resident is $92,533 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyByron Center, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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