Zip 49203 (Jackson, MI) Economy


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United States / Michigan / Jackson Metro Area / Jackson County / No City / Jackson (zip 49203)
Jackson, MI is a great place to find 2 bedroom rental apartments. The cost of rent for a two bedroom apartment in Jackson is only $1,050 which is significantly cheaper than the national average of $1,430. Additionally, grocery costs in Jackson are 92 compared to the US index of 100 which means groceries are quite affordable as well. For those looking to move to Jackson they can look into local companies such as Consumers Energy, Allegiance Health and Wolverine Power Cooperative who all have their headquarters located in the city. Jackson also has many other businesses in the area including manufacturing companies like ASMO Greenville Manufacturing Inc., Park View Federal Credit Union and Sparrow Health System.

Jackson (zip 49203) has an unemployment rate of 5.9%. The US average is 6.0%.

Jackson (zip 49203) 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 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Jackson (zip 49203)
- The Sales Tax Rate for Jackson (zip 49203) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson (zip 49203) 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 Jackson (zip 49203)
- The average income of a Jackson (zip 49203) resident is $20,592 a year. The US average is $28,555 a year.
- The Median household income of a Jackson (zip 49203) resident is $50,073 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson, MichiganUnited States
  5.96
  -6.3%-6.2%
  29.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,801$37,638
  $50,073$69,021
  $61,534$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.2%6.8%
  19.9%10.0%
  1.5%2.5%
  10.5%11.0%
  3.5%4.8%
  1.9%0.8%
  1.2%1.9%
  2.7%4.7%
  0.7%1.9%
  4.6%7.6%
  0.0%0.1%
  2.6%4.2%
  8.7%9.3%
  17.8%14.0%
  0.8%2.1%
  7.8%7.0%
  4.6%4.8%
  5.9%4.7%
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