Zip 48040 (Marysville, MI) Economy


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Marysville, Michigan (48040) is an attractive place to live due to its relatively low cost of living. The average 2 bedroom rent in this area is $1,080 a month which is much lower than the national average of $1,430. Furthermore, the grocery cost index in Marysville is 94 versus 100 nationally; making it one of the most affordable places to live in the US. Marysville also has a growing economy with numerous companies providing good job opportunities such as General Motors-Powertrain, Solutia Inc., and The Huron Group amongst many others. With its low cost of living and a wide range of fantastic job prospects, Marysville has become an especially attractive destination for many new residents.

Marysville (zip 48040) has an unemployment rate of 4.5%. The US average is 6.0%.

Marysville (zip 48040) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Marysville (zip 48040)
- The Sales Tax Rate for Marysville (zip 48040) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marysville (zip 48040) 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 Marysville (zip 48040)
- The average income of a Marysville (zip 48040) resident is $26,970 a year. The US average is $28,555 a year.
- The Median household income of a Marysville (zip 48040) resident is $59,504 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarysville, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,745$37,638
  $59,504$69,021
  $78,132$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.6%6.8%
  22.0%10.0%
  1.9%2.5%
  14.0%11.0%
  4.3%4.8%
  2.2%0.8%
  0.2%1.9%
  2.6%4.7%
  0.5%1.9%
  2.5%7.6%
  0.0%0.1%
  2.8%4.2%
  9.6%9.3%
  14.6%14.0%
  0.7%2.1%
  6.6%7.0%
  3.8%4.8%
  5.6%4.7%
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