Forestville, MI (48434) has a 2 bedroom rent of $860 compared to the US average of $1,430. This makes Forestville an affordable place to live in Michigan for families and young professionals who want plenty of space for their money. The grocery cost index in Forestville is 93 versus the US average of 100. This further reinforces the affordability of living in this part of Michigan. Additionally, there are many local companies that make Forestville an ideal place to work and live such as B&T Trucking Inc., Firebaugh's Automotive, and Stanton Lumber Company Inc. Each of these companies provides quality jobs and employment opportunities for residents.
Forestville (zip 48434) has an unemployment rate of 6.4%. The US average is 6.0%.
Forestville (zip 48434) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Forestville (zip 48434)
- The Sales Tax Rate for Forestville (zip 48434) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forestville (zip 48434) 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 Forestville (zip 48434)
- The average income of a Forestville (zip 48434) resident is $25,114 a year. The US average is $37,638 a year.
- The Median household income of a Forestville (zip 48434) resident is $34,500 a year. The US average is $69,021 a year.