Zip 48420 (Clio, MI) Economy


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United States / Michigan / Flint Metro Area / Genesee County / No City / Clio (zip 48420)
Clio, MI is a beautiful small town located in Genessee County with a population of just over 6,000 people. The area offers affordable housing compared to the US average with an average 2-bedroom rent of $810 versus the national average of $1,430. Additionally, groceries cost significantly less than other parts of the country at 93 price points on the index versus 100 in the US. Local businesses include Clio Family Pharmacy, Clio Optical and Clio Floral Shoppe offering prescription medications, optical care products and arrangements respectively. There are various restaurants in Clio such as Cuppa Coffee Espresso Bar & Cafe, Harvest Restaurant, and Little Caesars Pizza where you can find delicious food that will suit all tastes.

Clio (zip 48420) has an unemployment rate of 7.1%. The US average is 6.0%.

Clio (zip 48420) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Clio (zip 48420)
- The Sales Tax Rate for Clio (zip 48420) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clio (zip 48420) 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 Clio (zip 48420)
- The average income of a Clio (zip 48420) resident is $23,846 a year. The US average is $28,555 a year.
- The Median household income of a Clio (zip 48420) resident is $58,443 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClio, MichiganUnited States
  7.16
  -7.4%-6.2%
  25.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,203$37,638
  $58,443$69,021
  $73,425$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  8.9%6.8%
  17.5%10.0%
  2.1%2.5%
  15.4%11.0%
  3.9%4.8%
  0.5%0.8%
  1.3%1.9%
  4.0%4.7%
  1.0%1.9%
  3.2%7.6%
  0.1%0.1%
  4.1%4.2%
  5.3%9.3%
  16.1%14.0%
  1.2%2.1%
  8.1%7.0%
  4.7%4.8%
  2.3%4.7%
Health