Zip 49038 (Coloma, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / Niles Metro Area / Berrien County / No City / Coloma (zip 49038)
Coloma, MI is a lovely city in Berrien County with a population of 4,903. It's known for its friendly community and peaceful atmosphere. In Coloma, the average two bedroom rent is $980, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index here is 92 versus 100 in the US. If you're looking to move to Coloma or do business here, there are plenty of local companies that you can do business with. You can find great retail options from stores such as Butch's Country Store, Main Street Marketplace and Lighthouse & Co., or you can dine at some of the area's fine restaurants like Shari's Cafe & Catering and The Plank Bar & Grill. With excellent services and businesses like these in Coloma, it's no wonder why many people are choosing to move here!

Coloma (zip 49038) has an unemployment rate of 5.8%. The US average is 6.0%.

Coloma (zip 49038) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.

Tax Rates for Coloma (zip 49038)
- The Sales Tax Rate for Coloma (zip 49038) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coloma (zip 49038) 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 Coloma (zip 49038)
- The average income of a Coloma (zip 49038) resident is $25,839 a year. The US average is $28,555 a year.
- The Median household income of a Coloma (zip 49038) resident is $57,741 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColoma, MichiganUnited States
  5.86
  -6.5%-6.2%
  25.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,937$37,638
  $57,741$69,021
  $74,875$85,028
  Population by Occupation
  1.8%1.2%
  0.2%0.5%
  6.5%6.8%
  18.0%10.0%
  0.9%2.5%
  12.9%11.0%
  3.7%4.8%
  6.9%0.8%
  1.0%1.9%
  1.2%4.7%
  1.4%1.9%
  6.7%7.6%
  0.0%0.1%
  3.4%4.2%
  8.2%9.3%
  15.9%14.0%
  1.3%2.1%
  4.0%7.0%
  4.6%4.8%
  1.4%4.7%
Health