Zip 49736 (Goetzville, MI) Economy


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Goetzville, MI (49736) is a small town in Michigan's Upper Peninsula. It is home to fewer than 500 people and offers a peaceful, rural lifestyle. The average rent for a two-bedroom apartment in Goetzville is $890, significantly lower than the US average of $1,430. The Grocery Cost Index in Goetzville is 89 versus 100 in the US, making grocery prices approximately 11 percent cheaper significantly contributing to the low cost of living. As the largest employer in town, Goetzville Lumber Co Inc provides local jobs to many residents. Other local businesses include Northland Cable TV which provides internet services to the area, as well as Merritt's Mobile Home Park and Bosch's Bar & Grill which serve as popular gathering spots for locals.

Goetzville (zip 49736) has an unemployment rate of 7.3%. The US average is 6.0%.

Goetzville (zip 49736) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Goetzville (zip 49736)
- The Sales Tax Rate for Goetzville (zip 49736) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goetzville (zip 49736) 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 Goetzville (zip 49736)
- The average income of a Goetzville (zip 49736) resident is $21,053 a year. The US average is $28,555 a year.
- The Median household income of a Goetzville (zip 49736) resident is $39,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoetzville, MichiganUnited States
  7.36
  -2.8%-6.2%
  18.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,171$37,638
  $39,792$69,021
  $67,833$85,028
  Population by Occupation
  0.0%1.2%
  5.4%0.5%
  4.5%6.8%
  10.7%10.0%
  0.0%2.5%
  10.7%11.0%
  5.4%4.8%
  0.9%0.8%
  0.0%1.9%
  7.1%4.7%
  2.7%1.9%
  0.9%7.6%
  0.0%0.1%
  0.9%4.2%
  6.3%9.3%
  17.9%14.0%
  0.0%2.1%
  0.0%7.0%
  10.7%4.8%
  16.1%4.7%
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