Zip 49238 (Deerfield, MI) Economy


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United States / Michigan / Adrian Metro Area / Lenawee County / No City / Deerfield (zip 49238)
Deerfield, Michigan is a small community located in the Grand Rapids Metro Area. It has a population of just over 4,000 people. The city is known for its diverse selection of local businesses and amenities. Local businesses include the nearby grocery store Deerfield Corner Market, Deerfield Hardware store, and Neighborly Pet Supply. Residents enjoy access to a variety of outdoor parks and recreation centers including the Fish Hatchery Park and Little Pines County Park. The average two bedroom rent in Deerfield is $910 per month which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Deerfield is 93 compared to 100 in the US making it more affordable for residents to buy their groceries from local businesses like Deerfield Corner Market.

Deerfield (zip 49238) has an unemployment rate of 5.5%. The US average is 6.0%.

Deerfield (zip 49238) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Deerfield (zip 49238)
- The Sales Tax Rate for Deerfield (zip 49238) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Deerfield (zip 49238) 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 Deerfield (zip 49238)
- The average income of a Deerfield (zip 49238) resident is $27,367 a year. The US average is $37,638 a year.
- The Median household income of a Deerfield (zip 49238) resident is $70,481 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeerfield, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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