Zip 49403 (Conklin, MI) Economy


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Conklin, Michigan is a great place to live with plenty of amenities and resources within reach. The median rent for a two-bedroom apartment in Conklin is $1,210, which is much lower than the national average of $1,430. The grocery cost index in Conklin is also lower at 96 compared to the US index of 100.
The area surrounding Conklin features many amenities and local businesses that make living there convenient. For example, there are several grocery stores such as Aldi's, Meijer, and Bashas', as well as retail outlets like BuyBuy Baby and Target. There are also plenty of restaurants such as Panda Express, Olive Garden, Panera Bread and Applebee's Grill & Bar.
In addition to its convenience factor, Conklin also offers affordable options for housing. For those looking for something more budget friendly you can find two bedroom apartments starting from around $800 per month or even single bedroom apartments starting from around $500 per month depending on location. These prices make it easy to find something that fits within your budget whether you're looking for a home to rent or buy.

Conklin (zip 49403) has an unemployment rate of 4.3%. The US average is 6.0%.

Conklin (zip 49403) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Conklin (zip 49403)
- The Sales Tax Rate for Conklin (zip 49403) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Conklin (zip 49403) 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 Conklin (zip 49403)
- The average income of a Conklin (zip 49403) resident is $30,755 a year. The US average is $28,555 a year.
- The Median household income of a Conklin (zip 49403) resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConklin, MichiganUnited States
  4.36
  -6.0%-6.2%
  36.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,638$37,638
  $77,500$69,021
  $92,542$85,028
  Population by Occupation
  11.4%1.2%
  0.0%0.5%
  9.1%6.8%
  17.0%10.0%
  3.6%2.5%
  11.4%11.0%
  4.8%4.8%
  0.5%0.8%
  0.4%1.9%
  1.6%4.7%
  1.2%1.9%
  2.5%7.6%
  0.0%0.1%
  7.0%4.2%
  4.6%9.3%
  11.1%14.0%
  1.7%2.1%
  3.6%7.0%
  5.8%4.8%
  2.5%4.7%
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