Zip 49834 (Foster City, MI) Economy


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United States / Michigan / Iron Mountain Metro Area / Dickinson County / No City / Foster City (zip 49834)
Foster City, MI (zipcode: 49834) is a great place to live. It's known for its reasonably priced two-bedroom rent, which averages around $800 per month. This is significantly lower than the national average of $1,430. The area also boasts an advantageous grocery cost index of 91 compared to the national average of 100.
The city of Foster City has plenty to offer in terms of amenities and services as well. There are many local businesses such as Reid Home Building Centre with high-quality building supplies, Marv’s Auto Repair providing expert auto repairs, and K&H Deli offering delicious sandwiches and treats. All in all, Foster City is a great place to live with plenty of good quality services available to residents.

Foster City (zip 49834) has an unemployment rate of 5.2%. The US average is 6.0%.

Foster City (zip 49834) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Foster City (zip 49834)
- The Sales Tax Rate for Foster City (zip 49834) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Foster City (zip 49834) 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 Foster City (zip 49834)
- The average income of a Foster City (zip 49834) resident is $17,601 a year. The US average is $28,555 a year.
- The Median household income of a Foster City (zip 49834) resident is $54,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoster City, MichiganUnited States
  5.26
  -3.6%-6.2%
  27.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,937$37,638
  $54,583$69,021
  $88,958$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  17.0%6.8%
  10.8%10.0%
  0.0%2.5%
  10.8%11.0%
  7.4%4.8%
  0.0%0.8%
  1.1%1.9%
  4.0%4.7%
  1.1%1.9%
  4.0%7.6%
  0.0%0.1%
  1.1%4.2%
  0.6%9.3%
  25.6%14.0%
  5.1%2.1%
  4.0%7.0%
  3.4%4.8%
  1.1%4.7%
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