49318 Casnovia, MI is a small rural town located in Muskegon County. The median rent for a two bedroom apartment in the area is $1,150 which is slightly lower than the national average of $1,430. This makes it an attractive option for renters on a budget looking to move to this area. The cost of living index is also lower here when compared to the US average, with groceries costing around 94 compared to 100.
The local market in 49318 Casnovia, MI is vibrant and diverse. There are many locally owned businesses such as Chuck's Country Store, Casnovia Hardware and Kelly's Portraits & Photography that have been catering to the needs of residents since long. There are also some larger companies like Kmart and Meijer that have set up shop in the area providing more options for shoppers. With its affordable prices and good selection of stores, 49318 Casnovia, MI remains an attractive option for those looking to settle down or invest in a property.
Casnovia (zip 49318) has an unemployment rate of 7.5%. The US average is 6.0%.
Casnovia (zip 49318) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Casnovia (zip 49318)
- The Sales Tax Rate for Casnovia (zip 49318) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Casnovia (zip 49318) 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 Casnovia (zip 49318)
- The average income of a Casnovia (zip 49318) resident is $33,083 a year. The US average is $37,638 a year.
- The Median household income of a Casnovia (zip 49318) resident is $63,281 a year. The US average is $69,021 a year.