49829 Escanaba, MI is a great area to live in for those looking for a comfortable lifestyle at an affordable cost. The 2 bedroom rent in this area is $850 which is significantly lower than the US average of $1,430. This makes it an attractive option for people looking for a place to settle down without breaking the bank. Furthermore, groceries here are also more budget-friendly with the grocery cost index being 90 compared to 100 in the US.
There are plenty of local companies in Escanaba that provide jobs and career opportunities to its residents such as Bay College, U.P Health Systems, OSF St Francis Hospital & Medical Group and many other healthcare facilities, supermarkets, restaurants, and retail stores like Walmart or Target. Other major employers include Escanaba Area Public Schools as well as several governmental organizations. All these options make it easier for residents to find suitable employment while living here and enjoy a healthy work-life balance with low-cost living expenses.
Escanaba (zip 49829) has an unemployment rate of 6.4%. The US average is 6.0%.
Escanaba (zip 49829) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Escanaba (zip 49829)
- The Sales Tax Rate for Escanaba (zip 49829) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Escanaba (zip 49829) 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 Escanaba (zip 49829)
- The average income of a Escanaba (zip 49829) resident is $20,572 a year. The US average is $28,555 a year.
- The Median household income of a Escanaba (zip 49829) resident is $43,514 a year. The US average is $69,021 a year.