The average 2 bedroom rent in Eaton Rapids, MI is $1,020 per month. This rental rate is significantly lower than the US average of $1,430. The grocery cost index for Eaton Rapids is 94 versus 100 in the US. There are many local companies in Eaton Rapids that provide goods and services to the community. Notable companies include D&L Tooling Inc., Michigan National Bank, Countryside Greenhouse & Garden Center, and Springport Lumber Company. These businesses offer employment opportunities to local residents and help the economy thrive.
Eaton Rapids (zip 48827) has an unemployment rate of 4.9%. The US average is 6.0%.
Eaton Rapids (zip 48827) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Eaton Rapids (zip 48827)
- The Sales Tax Rate for Eaton Rapids (zip 48827) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eaton Rapids (zip 48827) 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 Eaton Rapids (zip 48827)
- The average income of a Eaton Rapids (zip 48827) resident is $23,526 a year. The US average is $28,555 a year.
- The Median household income of a Eaton Rapids (zip 48827) resident is $70,812 a year. The US average is $69,021 a year.