Zip 49031 (Cassopolis, MI) Economy


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Cassopolis, MI is a small town with a population of 49031. The 2 bedroom rent in the area is $830, which is significantly lower than the US average of $1,430. Grocery Cost Index in Cassopolis is also lower than the US national average at 91 versus 100. Additionally, for those looking to purchase a home, the median housing cost in Cassopolis is significantly lower than the nationwide average.
As for attractions and companies, there are plenty of exciting places to visit and work in Cassopolis. Some local businesses include Cass County Bank, Eastside Automotive, Gulick's Farm Market & Greenhouse and The Village Florist & Gifts. Those looking for entertainment can frequent historic downtown sights or visit Amazing Pizza Machine and Family Fun Center for some family fun. Nature lovers can explore Magician Lake State Park or Merritt Park Disc Golf Course to get outdoors.

Cassopolis (zip 49031) has an unemployment rate of 5.2%. The US average is 6.0%.

Cassopolis (zip 49031) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Cassopolis (zip 49031)
- The Sales Tax Rate for Cassopolis (zip 49031) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cassopolis (zip 49031) 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 Cassopolis (zip 49031)
- The average income of a Cassopolis (zip 49031) resident is $24,729 a year. The US average is $28,555 a year.
- The Median household income of a Cassopolis (zip 49031) resident is $56,369 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCassopolis, MichiganUnited States
  5.26
  -6.0%-6.2%
  30.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,023$37,638
  $56,369$69,021
  $74,832$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  11.8%6.8%
  25.3%10.0%
  2.3%2.5%
  12.7%11.0%
  4.2%4.8%
  1.6%0.8%
  0.7%1.9%
  1.9%4.7%
  0.8%1.9%
  2.8%7.6%
  0.1%0.1%
  2.5%4.2%
  11.1%9.3%
  7.7%14.0%
  1.8%2.1%
  6.3%7.0%
  3.6%4.8%
  2.2%4.7%
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