48733 Fairgrove, MI is a great place to live if you're looking for affordability. The average two bedroom rent in the area is $820 which is much lower than what it would cost in the US on average at $1,430. Grocery costs are also quite affordable with an index of 89 compared to 100 in the US. You’d be hard-pressed to find better value elsewhere. \nThe local economy is diverse and includes many small businesses such as Fairgrove Hardware, Williams Oil & Propane, and The Little Store. There's also a fair amount of larger companies like Thumb Industries Inc., MidMichigan Health System and Central Michigan University within driving distance. All in all this makes 48733 Fairgrove a great place for anyone who values affordability without sacrificing access to goods and services.
Fairgrove (zip 48733) has an unemployment rate of 6.3%. The US average is 6.0%.
Fairgrove (zip 48733) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Fairgrove (zip 48733)
- The Sales Tax Rate for Fairgrove (zip 48733) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairgrove (zip 48733) 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 Fairgrove (zip 48733)
- The average income of a Fairgrove (zip 48733) resident is $21,707 a year. The US average is $28,555 a year.
- The Median household income of a Fairgrove (zip 48733) resident is $47,847 a year. The US average is $69,021 a year.