Zip 49056 (Grand Junction, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / Kalamazoo-Portage Metro Area / Van Buren County / No City / Grand Junction (zip 49056)
Grand Junction, MI is a small community with a population of 49056 people. The cost of living in Grand Junction is quite affordable as two bedroom apartments rent for $860 per month, which is much lower than the national average of $1,430. Groceries are also more affordable in Grand Junction, as the grocery cost index is 92 compared to 100 nationally. Living in Grand Junction offers locals access to quality services from local businesses. One example is The Country Store, which provides groceries and other essential items at competitive prices. Another great service provider is Melrose Automotive Repair Inc., offering automotive repair and maintenance services since 1997. Lastly, Tender Care Medical Supply specializes in medical supplies ranging from walkers and wheelchairs to bathroom safety equipment and oxygen therapy. These local companies provide essential services for residents of Grand Junction, making life easier while keeping costs low.

Grand Junction (zip 49056) has an unemployment rate of 6.6%. The US average is 6.0%.

Grand Junction (zip 49056) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Grand Junction (zip 49056)
- The Sales Tax Rate for Grand Junction (zip 49056) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction (zip 49056) 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 Grand Junction (zip 49056)
- The average income of a Grand Junction (zip 49056) resident is $20,364 a year. The US average is $28,555 a year.
- The Median household income of a Grand Junction (zip 49056) resident is $49,286 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Junction, MichiganUnited States
  6.66
  -5.5%-6.2%
  25.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,924$37,638
  $49,286$69,021
  $62,917$85,028
  Population by Occupation
  7.4%1.2%
  1.2%0.5%
  8.4%6.8%
  31.8%10.0%
  0.0%2.5%
  13.2%11.0%
  1.5%4.8%
  3.0%0.8%
  0.4%1.9%
  0.3%4.7%
  0.5%1.9%
  2.4%7.6%
  0.0%0.1%
  1.9%4.2%
  2.6%9.3%
  10.0%14.0%
  0.0%2.1%
  8.1%7.0%
  6.6%4.8%
  0.8%4.7%
Health