48911 Lansing, MI is an area with a lot of opportunity. It is home to several local companies such as Auto-Owners Insurance, Michigan State University Federal Credit Union, and Jackson National Life Insurance Company. The 2 bedroom rent in this area is $960 which is much lower than the national average of $1,430. The grocery cost index in 48911 Lansing, MI is 92 compared to the US average of 100. Lansing has been receiving a surge of new residents due to its diverse economy, excellent educational institutions, and culture-rich environment. With its perfect balance of urban amenities and small town charm, this city makes for an ideal place to live or visit.
Lansing (zip 48911) has an unemployment rate of 7.4%. The US average is 6.0%.
Lansing (zip 48911) has seen the job market decrease by -6.9% 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 Lansing (zip 48911)
- The Sales Tax Rate for Lansing (zip 48911) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lansing (zip 48911) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lansing (zip 48911)
- The average income of a Lansing (zip 48911) resident is $25,719 a year. The US average is $37,638 a year.
- The Median household income of a Lansing (zip 48911) resident is $49,886 a year. The US average is $69,021 a year.