equestId":"d4325558-b2aa-45a8-b488-7a39709d01f0","resource":"content","data":[{"id":"txt_21d3648941cd4d18929dd99878d46c53","text":", and explain how the cost of living compares to other areas.\n \n49915 Caspian, MI is a small town located in Michigan's Upper Peninsula. It boasts a population of just 711 people but offers a wealth of amenities that make it an attractive place to live. The 2 Bedroom Rent in 49915 Caspian is $650 which is significantly lower than the US average of $1,430. Similarly, Grocery Cost Index in Caspian is 87 versus 100 in the US. There are many local businesses flourishing in 49915 Caspian such as Hupp's Feed Mill & Farm Supply offering their customers quality products since 2015, True Value Hardware for all your home improvement needs and Zwillinger's Deli & Corner Store with its unique selection of deli meats and cheeses. Compared to other areas, 49915 Caspian has a much more affordable cost of living – making it an ideal place for those looking for a more budget-friendly lifestyle.
Caspian (zip 49915) has an unemployment rate of 6.8%. The US average is 6.0%.
Caspian (zip 49915) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Caspian (zip 49915)
- The Sales Tax Rate for Caspian (zip 49915) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caspian (zip 49915) 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 Caspian (zip 49915)
- The average income of a Caspian (zip 49915) resident is $24,489 a year. The US average is $37,638 a year.
- The Median household income of a Caspian (zip 49915) resident is $45,250 a year. The US average is $69,021 a year.