Zip 49929 (Greenland, MI) Economy


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United States / Michigan / No Metro Area / Ontonagon County / No City / Greenland (zip 49929)
Greenland, Michigan is a suburb of Grand Rapids with a population of 4,992. Rent for two bedrooms here is much lower than the US average at $750 while grocery costs are only 88 compared to 100 nationally. This makes Greenland an ideal spot for people looking to save money without sacrificing their quality of life. Living in Greenland provides plenty of options when it comes to grocery shopping with local shops like Family Fare Supermarkets and D&W Fresh Market carrying fresh produce and other necessities. The difference in cost of living between Greenland and the US is noticeable, but it doesn't mean that people have to sacrifice comfort or convenience when they move there.

Greenland (zip 49929) has an unemployment rate of 7.8%. The US average is 6.0%.

Greenland (zip 49929) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 6.9%, which is lower than the US average of 33.5%.

Tax Rates for Greenland (zip 49929)
- The Sales Tax Rate for Greenland (zip 49929) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenland (zip 49929) 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 Greenland (zip 49929)
- The average income of a Greenland (zip 49929) resident is $20,252 a year. The US average is $28,555 a year.
- The Median household income of a Greenland (zip 49929) resident is $50,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenland, MichiganUnited States
  7.86
  -5.3%-6.2%
  6.9%33.5%
  6.0%6.2%
  4.3%4.6%
  $21,765$37,638
  $50,357$69,021
  $61,250$85,028
  Population by Occupation
  3.8%1.2%
  0.0%0.5%
  19.0%6.8%
  11.4%10.0%
  2.5%2.5%
  10.1%11.0%
  0.0%4.8%
  3.8%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.6%9.3%
  35.4%14.0%
  0.0%2.1%
  6.3%7.0%
  0.0%4.8%
  0.0%4.7%
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