Zip 48838 (Greenville, MI) Economy


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Greenville, MI is a small city located in Montcalm County with a population of 8,619. It is known for having an affordable median 2 bedroom rent of $980 compared to the US median of $1,430. The Grocery Cost Index in this area is also quite low at 93 compared to the national average of 100. Local businesses in the Greenville area include Family Farm & Home, Walmart Supercenter and Auto Value Parts Store. Other popular stores include Dunkin' Donuts, KFC, Subway and McDonald's. There are also plenty of local shops such as churches, banks and financial institutions as well as post offices throughout town.

Greenville (zip 48838) has an unemployment rate of 5.8%. The US average is 6.0%.

Greenville (zip 48838) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Greenville (zip 48838)
- The Sales Tax Rate for Greenville (zip 48838) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville (zip 48838) 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 Greenville (zip 48838)
- The average income of a Greenville (zip 48838) resident is $20,825 a year. The US average is $28,555 a year.
- The Median household income of a Greenville (zip 48838) resident is $54,391 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenville, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,756$37,638
  $54,391$69,021
  $63,300$85,028
  Population by Occupation
  1.9%1.2%
  0.2%0.5%
  8.7%6.8%
  19.7%10.0%
  3.3%2.5%
  15.4%11.0%
  2.3%4.8%
  0.0%0.8%
  2.2%1.9%
  3.4%4.7%
  0.8%1.9%
  2.5%7.6%
  0.2%0.1%
  4.3%4.2%
  4.7%9.3%
  14.6%14.0%
  0.6%2.1%
  5.9%7.0%
  4.5%4.8%
  4.7%4.7%
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