living in 48437 Genesee, MI is a great and affordable option for those who are looking to rent. The 2 bedroom rent here is only $830 which is much more affordable than the US average of $1,430. Additionally, the grocery cost index is 92 when compared to the US average of 100. This can help residents save money on everyday items.
Living in 48437 Genesee, MI also provides people with access to many different amenities. There are many popular local shopping centers like The Genesee Valley Mall and Crossroads Shopping Center where people can find all their favorite stores. There are also plenty of local restaurants and bars that offer delicious food and drinks for all types of tastes. In addition to that there are many outdoor activities such as biking, walking along the river or visiting one of the local parks like For-Mar Nature Preserve & Arboretum or Applewood Estate Park & Golf Course.
Genesee (zip 48437) has an unemployment rate of 7.1%. The US average is 6.0%.
Genesee (zip 48437) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Genesee (zip 48437)
- The Sales Tax Rate for Genesee (zip 48437) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee (zip 48437) 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 Genesee (zip 48437)
- The average income of a Genesee (zip 48437) resident is $22,516 a year. The US average is $37,638 a year.
- The Median household income of a Genesee (zip 48437) resident is $33,750 a year. The US average is $69,021 a year.