Zip 48818 (Crystal, MI) Economy


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Crystal, Michigan is a small city located just north of Grand Rapids. The rent for a two bedroom apartment is just $970 per month, making it an attractive location for people looking to save money on rental costs. A grocery cost index score of 92 compared to the national average of 100 indicates that Crystal is slightly cheaper than other areas when it comes to food costs.
The city of Crystal has a number of local companies that are thriving in the community, such as Talon Manufacturing and Minich Machine Company. Residents also have access to numerous small businesses such as restaurants, cafes, and boutiques. There are plenty of job opportunities in the area that are growing in popularity due to the low cost of living and affordable housing options.
Overall, Crystal is an ideal location for those looking for a place with affordability at its core. With rent prices significantly lower than the national average and an attractive grocery cost index score, this small city offers residents many opportunities and amenities at great prices.

Crystal (zip 48818) has an unemployment rate of 5.8%. The US average is 6.0%.

Crystal (zip 48818) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Crystal (zip 48818)
- The Sales Tax Rate for Crystal (zip 48818) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crystal (zip 48818) 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 Crystal (zip 48818)
- The average income of a Crystal (zip 48818) resident is $19,703 a year. The US average is $28,555 a year.
- The Median household income of a Crystal (zip 48818) resident is $49,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrystal, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,925$37,638
  $49,955$69,021
  $64,917$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  8.4%6.8%
  26.9%10.0%
  0.0%2.5%
  15.9%11.0%
  0.9%4.8%
  2.4%0.8%
  0.0%1.9%
  3.6%4.7%
  0.6%1.9%
  2.9%7.6%
  0.0%0.1%
  1.4%4.2%
  2.6%9.3%
  21.8%14.0%
  3.1%2.1%
  0.9%7.0%
  4.0%4.8%
  1.6%4.7%
Health