49920 Crystal Falls, MI is a small town located in the Upper Peninsula of Michigan with a population of 859 people. The 2 bedroom rental cost in this area is $790 per month which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index for 49920 Crystal Falls is 91 compared to the US average of 100. There are a number of local companies in 49920 Crystal Falls that contribute to the local economy such as River Valley Bank, Michigan Energy Systems and Downriver Fire & Safety. These companies provide essential services and goods to residents and help keep the town running smoothly.
Crystal Falls (zip 49920) has an unemployment rate of 6.8%. The US average is 6.0%.
Crystal Falls (zip 49920) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Crystal Falls (zip 49920)
- The Sales Tax Rate for Crystal Falls (zip 49920) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crystal Falls (zip 49920) 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 Falls (zip 49920)
- The average income of a Crystal Falls (zip 49920) resident is $22,197 a year. The US average is $28,555 a year.
- The Median household income of a Crystal Falls (zip 49920) resident is $50,000 a year. The US average is $69,021 a year.