Zip 49626 (Eastlake, MI) Economy


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United States / Michigan / No Metro Area / Manistee County / Eastlake / Eastlake (zip 49626)
49626 Eastlake, MI is a small town nestled in the countryside of Michigan. The 2 Bedroom Rent in the area is $910, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Eastlake is 90 versus 100 in the US making it an affordable place to live.
The town has a variety of local businesses that help keep costs low for residents and visitors alike. From grocery stores like CVS Pharmacy and Busch's Fresh Food Market to restaurants such as Lakeside Diner and Chilango Mexican Grill & Bar, 49626 Eastlake offers a range of options for all budgets. Furthermore, there are thrift stores like Goodwill Industries of West Michigan and hardware stores like Home Depot to meet all your needs. All these services at competitive prices make 49626 Eastlake an ideal place to call home.

Eastlake (zip 49626) has an unemployment rate of 7.6%. The US average is 6.0%.

Eastlake (zip 49626) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Eastlake (zip 49626)
- The Sales Tax Rate for Eastlake (zip 49626) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eastlake (zip 49626) 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 Eastlake (zip 49626)
- The average income of a Eastlake (zip 49626) resident is $28,770 a year. The US average is $37,638 a year.
- The Median household income of a Eastlake (zip 49626) resident is $48,309 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEastlake, 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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