Zip 49855 (Marquette, MI) Economy


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Marquette, Michigan is a small town of around 20,000 people located in the Upper Peninsula. It's known for its beautiful landscapes as well as many outdoor activities such as skiing, snowmobiling, fishing, and hiking. In Marquette you can find 2 Bedroom Rent for $930 which is much less than the US average of $1,430. Grocery Cost Index in Marquette is also lower than the US average at 95 versus 100 in the U.S. There are many great local businesses in Marquette including Northern Sun Winery, The Delft Bistro, and Blackrocks Brewery. Tourists enjoy visiting popular attractions like Presque Isle Park and Huron Mountain Club Nature Preserve.

Marquette (zip 49855) has an unemployment rate of 5.9%. The US average is 6.0%.

Marquette (zip 49855) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Marquette (zip 49855)
- The Sales Tax Rate for Marquette (zip 49855) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marquette (zip 49855) 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 Marquette (zip 49855)
- The average income of a Marquette (zip 49855) resident is $24,084 a year. The US average is $28,555 a year.
- The Median household income of a Marquette (zip 49855) resident is $56,796 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarquette, MichiganUnited States
  5.96
  -5.9%-6.2%
  19.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,056$37,638
  $56,796$69,021
  $78,289$85,028
  Population by Occupation
  0.6%1.2%
  0.7%0.5%
  3.9%6.8%
  6.0%10.0%
  1.2%2.5%
  15.0%11.0%
  3.1%4.8%
  0.8%0.8%
  1.5%1.9%
  3.3%4.7%
  1.4%1.9%
  4.8%7.6%
  0.2%0.1%
  3.1%4.2%
  13.3%9.3%
  16.9%14.0%
  2.4%2.1%
  13.5%7.0%
  3.9%4.8%
  4.4%4.7%
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