Zip 49838 (Gould City, MI) Economy


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United States / Michigan / No Metro Area / Mackinac County / No City / Gould City (zip 49838)
Gould City, MI (49838) is a small town located in eastern Michigan, near the border of the Upper Peninsula. It is home to just over 200 people and has an affordable cost of living. Grocery costs are 92 points on the US cost index compared to 100, while two-bedroom rent averages at $820 which is significantly less than the national average of $1,430. There are a few local businesses in Gould City, such as a cafe called Suzy's Soda Fountain & Grill which serves up classic diner food and homemade ice cream, and a small hardware store called Crossroads Hardware that carries all sorts of supplies for DIY projects. With its low cost of living and friendly atmosphere, Gould City is an attractive place to call home for those who want to live simply without paying too much money.

Gould City (zip 49838) has an unemployment rate of 16.2%. The US average is 6.0%.

Gould City (zip 49838) 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 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Gould City (zip 49838)
- The Sales Tax Rate for Gould City (zip 49838) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gould City (zip 49838) 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 Gould City (zip 49838)
- The average income of a Gould City (zip 49838) resident is $17,722 a year. The US average is $28,555 a year.
- The Median household income of a Gould City (zip 49838) resident is $33,409 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGould City, MichiganUnited States
  16.26
  -8.2%-6.2%
  22.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,101$37,638
  $33,409$69,021
  $56,250$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  17.4%6.8%
  4.3%10.0%
  1.1%2.5%
  6.5%11.0%
  10.9%4.8%
  0.0%0.8%
  0.0%1.9%
  1.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.8%9.3%
  10.9%14.0%
  0.0%2.1%
  17.4%7.0%
  3.3%4.8%
  14.1%4.7%
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