Lennon, MI (48449) is a small town located in Genesee County. It has an estimated population of about 1,500 people and is known for its friendly atmosphere and rural charm. The median two bedroom rent in the area is $940, which is considerably lower than the US median rent of $1,430. Grocery costs in Lennon are also much lower than the national average with an index rating of 93 compared to 100 in the US. There are numerous local businesses in the area including Stone’s Country Store, a family-owned grocery store offering fresh produce and other essential items; Tucker’s Bar & Grill, a popular spot for burgers and beers; Lennon Farm Supply, the go-to place for all farm supplies; and Pete’s Automotive Repair providing reliable repairs for cars and trucks.
Lennon (zip 48449) has an unemployment rate of 7.1%. The US average is 6.0%.
Lennon (zip 48449) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Lennon (zip 48449)
- The Sales Tax Rate for Lennon (zip 48449) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lennon (zip 48449) 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 Lennon (zip 48449)
- The average income of a Lennon (zip 48449) resident is $25,508 a year. The US average is $37,638 a year.
- The Median household income of a Lennon (zip 48449) resident is $53,484 a year. The US average is $69,021 a year.