Zip 48853 (Maple Rapids, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
48853 Maple Rapids, MI is an affordable place to live with a two bedroom rent of only $860 compared to the national average of $1,430. The cost of living index is also lower than the US average at 92 versus 100. Local companies in the area include Maple Rapids Cooperative which serves the nearby communities with supplies and produce; KBM Auto Repair for all your auto needs; and Schmidty's Meats which provides residents with quality freshly cut meats. There are many other excellent local businesses that help make this town an ideal place to call home.

Maple Rapids (zip 48853) has an unemployment rate of 4.3%. The US average is 6.0%.

Maple Rapids (zip 48853) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Maple Rapids (zip 48853)
- The Sales Tax Rate for Maple Rapids (zip 48853) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Maple Rapids (zip 48853) 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 Maple Rapids (zip 48853)
- The average income of a Maple Rapids (zip 48853) resident is $21,232 a year. The US average is $28,555 a year.
- The Median household income of a Maple Rapids (zip 48853) resident is $41,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaple Rapids, MichiganUnited States
  4.36
  -6.6%-6.2%
  33.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $22,800$37,638
  $41,833$69,021
  $51,250$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  7.7%6.8%
  10.6%10.0%
  1.1%2.5%
  15.8%11.0%
  2.9%4.8%
  0.0%0.8%
  1.8%1.9%
  6.6%4.7%
  0.7%1.9%
  4.0%7.6%
  0.0%0.1%
  1.8%4.2%
  0.0%9.3%
  20.5%14.0%
  1.8%2.1%
  4.8%7.0%
  9.2%4.8%
  5.9%4.7%
Health