Zip 48829 (Edmore, MI) Economy


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Edmore, MI is a small rural town located in Montcalm County with an estimated population of 488. The cost of renting a 2 Bedroom apartment in Edmore is $880, which is significantly lower than the US average at $1,430. Groceries are also less expensive here than other parts of the US with a Grocery Cost Index of 91 versus 100 nationally.
The town has a few local businesses such as Edmore Pharmacy, Edmore Automotive, Pearson's Home Center and Main Street Cafe. Edmore also offers a variety of amenities such as a golf course, public swimming pool and several parks. There are plenty of options for places to live too ranging from single family homes to apartments or condominiums. For those looking for an affordable place to call home in a charming rural setting near Grand Rapids, Edmore is worth considering.

Edmore (zip 48829) has an unemployment rate of 5.8%. The US average is 6.0%.

Edmore (zip 48829) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Edmore (zip 48829)
- The Sales Tax Rate for Edmore (zip 48829) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edmore (zip 48829) 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 Edmore (zip 48829)
- The average income of a Edmore (zip 48829) resident is $22,791 a year. The US average is $37,638 a year.
- The Median household income of a Edmore (zip 48829) resident is $47,287 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdmore, 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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