Zip 49728 (Eckerman, MI) Economy


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Eckerman, Michigan (49728) is a small rural community located in the Upper Peninsula of the state. It has a population of about 827 people and offers affordable living with 2 bedroom rental prices averaging around $900 per month. The Grocery Cost Index in Eckerman is 91 compared to 100 in the US, meaning that groceries are relatively inexpensive here. Local companies in the area include The Market Place, a full-service grocery store; Selleck Logging and Lumber, which provides wood products to customers all over Michigan; and Eckerman Hardware & Feed Store, which sells a variety of hardware and feed products for animals. An example of a local grocery cost would be a gallon of milk at The Market Place for $3.39 or bananas for $0.85 per pound.

Eckerman (zip 49728) has an unemployment rate of 7.3%. The US average is 6.0%.

Eckerman (zip 49728) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Eckerman (zip 49728)
- The Sales Tax Rate for Eckerman (zip 49728) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eckerman (zip 49728) 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 Eckerman (zip 49728)
- The average income of a Eckerman (zip 49728) resident is $25,822 a year. The US average is $37,638 a year.
- The Median household income of a Eckerman (zip 49728) resident is $61,389 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEckerman, MichiganUnited States
  7.36
  -2.8%-6.2%
  18.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,822$37,638
  $61,389$69,021
  $62,500$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  9.8%6.8%
  3.3%10.0%
  0.0%2.5%
  13.1%11.0%
  0.0%4.8%
  1.6%0.8%
  0.0%1.9%
  0.0%4.7%
  2.5%1.9%
  1.6%7.6%
  0.0%0.1%
  4.1%4.2%
  0.0%9.3%
  22.1%14.0%
  2.5%2.1%
  20.5%7.0%
  4.9%4.8%
  9.8%4.7%
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