Zip 49408 (Fennville, MI) Economy


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United States / Michigan / Holland Metro Area / Allegan County / No City / Fennville (zip 49408)
Fennville, MI is a small city located in Allegan County with a population of roughly 1,600 people. The two bedroom rent in Fennville is $950, which is significantly lower than the US average of $1,430. Grocery cost index in Fennville is 96 compared to the US average of 100. \nThe city has a rich culture, with various local businesses such as Klompen Flowers & Gifts and Fenn Valley Vineyards offering goods and services to the citizens. There are also numerous real estate opportunities within the area such as Kentwood Real Estate and Community Realty Solutions which help locals find comfortable homes for fairly reasonable prices. All in all, it’s no wonder why so many people choose to call Fennville home!

Fennville (zip 49408) has an unemployment rate of 5.1%. The US average is 6.0%.

Fennville (zip 49408) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Fennville (zip 49408)
- The Sales Tax Rate for Fennville (zip 49408) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fennville (zip 49408) 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 Fennville (zip 49408)
- The average income of a Fennville (zip 49408) resident is $21,860 a year. The US average is $28,555 a year.
- The Median household income of a Fennville (zip 49408) resident is $63,739 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFennville, MichiganUnited States
  5.16
  -4.8%-6.2%
  30.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $32,726$37,638
  $63,739$69,021
  $76,948$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  5.2%6.8%
  27.5%10.0%
  3.1%2.5%
  9.8%11.0%
  5.4%4.8%
  0.6%0.8%
  1.6%1.9%
  1.5%4.7%
  0.5%1.9%
  4.2%7.6%
  0.0%0.1%
  4.5%4.2%
  6.3%9.3%
  10.7%14.0%
  1.3%2.1%
  8.1%7.0%
  5.0%4.8%
  1.0%4.7%
Health