Zip 48320 (Keego Harbor, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Keego Harbor, MI (48320) is an ideal place to live due to its low cost of living. The 2 Bedroom Rent in Keego Harbor is $1,240 compared to $1,430 US average. The Grocery Cost Index stands at 96 versus 100 in the US which makes it cheaper to shop for groceries here. Interestingly, unlike many other places, Keego Harbor has a range of local businesses available for residents. These include restaurants such as Tony Sacco's Coal Oven Pizza and Boathouse Sports Bar & Grill; banks like Huntington Bank and Comerica Bank; retail stores such as Target and Meijer; outdoor recreation centers such as Ivy Hills Golf Course and Lakeside Mall Entertainment Center; and health services like HealthSource Solutions and Baptist Medical Group Primary Care. All these factors make 48320 Keego Harbor a great place to live.

Keego Harbor (zip 48320) has an unemployment rate of 3.5%. The US average is 6.0%.

Keego Harbor (zip 48320) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Keego Harbor (zip 48320)
- The Sales Tax Rate for Keego Harbor (zip 48320) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Keego Harbor (zip 48320) 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 Keego Harbor (zip 48320)
- The average income of a Keego Harbor (zip 48320) resident is $31,764 a year. The US average is $28,555 a year.
- The Median household income of a Keego Harbor (zip 48320) resident is $69,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeego Harbor, MichiganUnited States
  3.56
  -10.6%-6.2%
  38.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $52,710$37,638
  $69,139$69,021
  $94,830$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  6.9%6.8%
  10.7%10.0%
  1.8%2.5%
  11.9%11.0%
  1.3%4.8%
  0.0%0.8%
  1.0%1.9%
  5.2%4.7%
  3.2%1.9%
  13.8%7.6%
  0.6%0.1%
  6.3%4.2%
  5.5%9.3%
  11.6%14.0%
  1.7%2.1%
  7.6%7.0%
  6.9%4.8%
  2.5%4.7%
Health