Zip 49755 (Levering, MI) Economy


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United States / Michigan / No Metro Area / Emmet County / No City / Levering (zip 49755)
Levering, MI (49755) is an ideal place to live for those seeking a small town atmosphere with easy access to all the modern amenities it has to offer. This quaint town offers a 2 bedroom rent of $970 which is significantly lower than the national average of $1,430. Additionally, groceries are more affordable here with the grocery cost index being 92 compared to 100 in the US.
Residents of Levering have access to various local businesses and services such as Legacy Market for groceries, Wieber's Bar & Grill for classic American food, The Garden Spa & Salon for pampering services, Northern Air Inc. for heating and cooling services and Burt Lake Marina for all recreational boating needs. There are also plenty of outdoor activities available year round such as hikes on the nearby North Country Trail or fishing at Burt Lake State Park less than 10 minutes away from downtown Levering.

Levering (zip 49755) has an unemployment rate of 7.5%. The US average is 6.0%.

Levering (zip 49755) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Levering (zip 49755)
- The Sales Tax Rate for Levering (zip 49755) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Levering (zip 49755) 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 Levering (zip 49755)
- The average income of a Levering (zip 49755) resident is $31,017 a year. The US average is $37,638 a year.
- The Median household income of a Levering (zip 49755) resident is $55,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLevering, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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