Dodgeville, Michigan is a small rural community in the greater Detroit metropolitan area. With a population of only 4,921 people, Dodgeville enjoys a small-town atmosphere and low cost of living. The average two bedroom rent is only $720 while the US average is $1,430, making Dodgeville an affordable place to live. The grocery cost index for Dodgeville is 91 compared to 100 in the US.
The economy in Dodgeville relies heavily on the surrounding farming industry as well as outdoor recreational activities. Local businesses such as Dairyland Supply Co., Lewis Poultry Farms, and Herbruck's Poultry provide employment to many people from the area. Additionally, there are a few retail stores in town including Manderfield's Home Bakery and Dearborn Brand Sausage Company which offer goods at reasonable prices.
In conclusion, with its low rent prices and inexpensive goods available at local stores, Dodgeville provides an affordable option for those looking to live in the Detroit metropolitan area.
Dodgeville (zip 49921) has an unemployment rate of 5.4%. The US average is 6.0%.
Dodgeville (zip 49921) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Dodgeville (zip 49921)
- The Sales Tax Rate for Dodgeville (zip 49921) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dodgeville (zip 49921) 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 Dodgeville (zip 49921)
- The average income of a Dodgeville (zip 49921) resident is $24,329 a year. The US average is $28,555 a year.
- The Median household income of a Dodgeville (zip 49921) resident is $17,422 a year. The US average is $69,021 a year.