Grand Ledge, Michigan is located in Eaton County and has a population of approximately 7,805. The median rent for a 2-bedroom apartment is $1,020 which is significantly lower than the US average of $1,430. Grocery costs are also relatively low with a grocery cost index of 96 compared to the national average of 100. Grand Ledge is home to several local businesses such as Eighty One Brewing Company, Creative Boutiques & Furniture Consignments and Espresso Expressions. The median household income in Grand Ledge is $40,942 which is slightly above the Michigan statewide average of $38,305.
Grand Ledge (zip 48837) has an unemployment rate of 4.9%. The US average is 6.0%.
Grand Ledge (zip 48837) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Grand Ledge (zip 48837)
- The Sales Tax Rate for Grand Ledge (zip 48837) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Ledge (zip 48837) 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 Ledge (zip 48837)
- The average income of a Grand Ledge (zip 48837) resident is $45,992 a year. The US average is $37,638 a year.
- The Median household income of a Grand Ledge (zip 48837) resident is $85,527 a year. The US average is $69,021 a year.