49657 Mc Bain, MI is a rural town located in Lake Township, Missaukee County. The 2 bedroom rent in this area is $940, which is considerably lower than the US average of $1,430. In addition to cheaper rent prices, the Grocery Cost Index of 92 indicates that groceries are less expensive in 49657 Mc Bain than national averages.
As a small rural town, 49657 Mc Bain does not have many large corporations but does have several locally owned businesses. These include M & C Dairy Farms LLC., L&L Logging Inc., and MCB Automotive Repair. These local businesses provide employment opportunities for residents of 49657 Mc Bain as well as nearby areas. There are also job opportunities in the agriculture industry due to the numerous farms and ranches located throughout the area.
Mc Bain (zip 49657) has an unemployment rate of 6.2%. The US average is 6.0%.
Mc Bain (zip 49657) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Mc Bain (zip 49657)
- The Sales Tax Rate for Mc Bain (zip 49657) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mc Bain (zip 49657) 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 Mc Bain (zip 49657)
- The average income of a Mc Bain (zip 49657) resident is $22,054 a year. The US average is $28,555 a year.
- The Median household income of a Mc Bain (zip 49657) resident is $56,850 a year. The US average is $69,021 a year.