Zip 49412 (Fremont, MI) Economy


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United States / Michigan / No Metro Area / Newaygo County / Fremont / Fremont (zip 49412)
Fremont, Michigan (49412) is an ideal place for renters looking for a place to stay. The median rent for two-bedroom apartments in the area is approximately $1,030, which is much lower than the national average of $1,430. Additionally, grocery costs are significantly lower than the US average with an index of 93 compared to 100. Many local companies provide quality services that make life easier and more affordable without sacrificing quality. These include Carquest Auto Parts supplying auto parts and accessories at competitive prices; Fremont Supermarket offering groceries at discounted prices; and Sinclair Muffler & Brake providing automotive maintenance services such as brake repairs, oil changes and other essential maintenance services. All these businesses provide goods and services at low costs that help residents lead a better life in Fremont.

Fremont (zip 49412) has an unemployment rate of 6.0%. The US average is 6.0%.

Fremont (zip 49412) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Fremont (zip 49412)
- The Sales Tax Rate for Fremont (zip 49412) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fremont (zip 49412) 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 Fremont (zip 49412)
- The average income of a Fremont (zip 49412) resident is $26,076 a year. The US average is $37,638 a year.
- The Median household income of a Fremont (zip 49412) resident is $55,074 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFremont, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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