Zip 48851 (Lyons, MI) Economy


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United States / Michigan / No Metro Area / Ionia County / No City / Lyons (zip 48851)
48851 Lyons, MI is a small town offering affordable living for families and working professionals. The average rent for a two-bedroom apartment is $970, significantly lower than the US average of $1,430. Additionally, grocery costs in Lyons are even more affordable with an index score of 93 compared to the national cost index of 100.
The town of Lyons provides its residents with plenty of amenities including a variety of local businesses such as L&L Cafe, Lyons Supermarket, and Global Motorsports. There is also a long list of outdoor activities such as hiking trails at Sleepy Hollow State Park and bike paths at Maple River State Game Area. Those looking for cultural events will enjoy their yearly 4th of July celebrations and live music performances at Bierkeller Brewery.

Lyons (zip 48851) has an unemployment rate of 4.7%. The US average is 6.0%.

Lyons (zip 48851) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Lyons (zip 48851)
- The Sales Tax Rate for Lyons (zip 48851) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lyons (zip 48851) 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 Lyons (zip 48851)
- The average income of a Lyons (zip 48851) resident is $23,095 a year. The US average is $28,555 a year.
- The Median household income of a Lyons (zip 48851) resident is $57,231 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyons, MichiganUnited States
  4.76
  -4.7%-6.2%
  32.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,270$37,638
  $57,231$69,021
  $62,067$85,028
  Population by Occupation
  5.7%1.2%
  0.0%0.5%
  10.3%6.8%
  15.6%10.0%
  0.3%2.5%
  10.2%11.0%
  6.7%4.8%
  2.8%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  0.7%4.2%
  1.7%9.3%
  12.7%14.0%
  0.0%2.1%
  11.0%7.0%
  6.8%4.8%
  11.3%4.7%
Health