Zip 49319 (Cedar Springs, MI) Economy


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United States / Michigan / Grand Rapids-Kentwood Metro Area / Kent County / No City / Cedar Springs (zip 49319)
Cedar Springs, Michigan is a small town located in Kent County. With a population of just under 4,100 people, Cedar Springs is an excellent place to live and work due to its convenient location in the center of Downtown Grand Rapids and the surrounding suburbs. The average two bedroom rent in Cedar Springs is $1,110 per month which is slightly lower than the US average of $1,430. Additionally, the local grocery cost index in Cedar Springs is 96 versus 100 in the US which makes it an affordable place to live.
The city of Cedar Springs is home to many businesses including The Rustic Roadhouse Bar & Grill, Funky Buddha Yoga Lounge and Spa, and Northern Lights Market – a popular locally-owned grocery store. School age children can attend nearby Cedar Springs Public Schools or several private schools including St. Paul Lutheran School and Zion Christian School. Other attractions in Cedar Springs include historic sites such as Pella Village and Stony Lake Park which offer beautiful views of natural scenery for visitors to enjoy.

Cedar Springs (zip 49319) has an unemployment rate of 4.8%. The US average is 6.0%.

Cedar Springs (zip 49319) has seen the job market increase by 2.0% 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 Cedar Springs (zip 49319)
- The Sales Tax Rate for Cedar Springs (zip 49319) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Springs (zip 49319) 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 Springs (zip 49319)
- The average income of a Cedar Springs (zip 49319) resident is $22,316 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Springs (zip 49319) resident is $70,770 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Springs, MichiganUnited States
  4.86
  -6.2%-6.2%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,075$37,638
  $70,770$69,021
  $86,169$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  11.8%6.8%
  18.7%10.0%
  4.2%2.5%
  12.0%11.0%
  4.1%4.8%
  0.4%0.8%
  0.4%1.9%
  2.1%4.7%
  1.0%1.9%
  8.5%7.6%
  0.0%0.1%
  3.3%4.2%
  6.0%9.3%
  11.0%14.0%
  0.6%2.1%
  5.7%7.0%
  6.1%4.8%
  3.4%4.7%
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