Cedar, MI (49621) is an affordable place to live with a median 2 bedroom rent of $1,040. This is significantly lower than the national average of $1,430 for the same size apartment. The cost of groceries in Cedar is also lower than the average US index at 96 versus 100 respectively. This makes Cedar a great place to live for those looking to save on living expenses. Local companies in Cedar include Grand Traverse Pie Company, Blakeslee's Country Market and Café, Green Gardens Farm Market and Bakery, Smoque BBQ Café, and The Dockside Restaurant & Tavern. These businesses provide a variety of services including catering, grocery stores, restaurants and bakeries. All these businesses work together to make Cedar a great place to live and work!
Cedar (zip 49621) has an unemployment rate of 6.1%. The US average is 6.0%.
Cedar (zip 49621) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Cedar (zip 49621)
- The Sales Tax Rate for Cedar (zip 49621) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar (zip 49621) 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 Cedar (zip 49621)
- The average income of a Cedar (zip 49621) resident is $27,670 a year. The US average is $28,555 a year.
- The Median household income of a Cedar (zip 49621) resident is $71,000 a year. The US average is $69,021 a year.