Lakeview, Michigan (48850) is a small city located in Montcalm County with a population of just over 1,400 people. It is known for its small-town charm and friendly locals. The average rent for a two bedroom apartment in Lakeview is $840 while the US average for the same accommodation is $1,430. Grocery costs index in Lakeview is 92 versus 100 in the US. Within the city are several local businesses such as Hardware Plus & Custom Cabinets, Bowers’ Garage Door Service Co., G&D Automotive Repair Inc., and Ron’s Taxidermy Shop. All 4 businesses have local owners who strive to provide quality services to their customers at reasonable prices.
Lakeview (zip 48850) has an unemployment rate of 5.8%. The US average is 6.0%.
Lakeview (zip 48850) 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 Lakeview (zip 48850)
- The Sales Tax Rate for Lakeview (zip 48850) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeview (zip 48850) 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 Lakeview (zip 48850)
- The average income of a Lakeview (zip 48850) resident is $17,883 a year. The US average is $28,555 a year.
- The Median household income of a Lakeview (zip 48850) resident is $51,667 a year. The US average is $69,021 a year.