Frankfort, MI (49635) is a great place to live. The rent on two bedroom apartments is $1,040 which is much more affordable than the US average 2 bedroom rent of $1,430. Additionally, groceries cost less too with the Grocery Cost Index at 97 versus 100 in the US. Frankfort, MI offers plenty of activities and local businesses to explore. Some notable places nearby include Cherry Basket Farm Market for locally-sourced produce and goods, Iron Fish Distillery for artisanal spirits and craft cocktails, and Crystal Lake Brewery for locally-brewed beer. Rent on two bedrooms typically includes access to laundry facilities and parking as well as water and waste removal costs. Frankfort, MI is a great choice for anyone looking for a reasonably priced place to live with plenty of things to do!
Frankfort (zip 49635) has an unemployment rate of 6.9%. The US average is 6.0%.
Frankfort (zip 49635) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Frankfort (zip 49635)
- The Sales Tax Rate for Frankfort (zip 49635) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Frankfort (zip 49635) 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 Frankfort (zip 49635)
- The average income of a Frankfort (zip 49635) resident is $31,131 a year. The US average is $28,555 a year.
- The Median household income of a Frankfort (zip 49635) resident is $63,000 a year. The US average is $69,021 a year.