48457 Montrose, MI is a small rural town located in Genesee County. The median rent for a two bedroom apartment in 48457 Montrose is $930 compared to the national average of $1,430. The cost of groceries also varies greatly between the two locations with 48457 Montrose having an index score of 92 versus the US average of 100. Some local companies located in or near 48457 Montrose include G & G Automotive Repair, Quality Collision, and Independent Bank. These businesses provide residents with quality services while also contributing significantly to the local economy.
Montrose (zip 48457) has an unemployment rate of 7.1%. The US average is 6.0%.
Montrose (zip 48457) has seen the job market decrease by -7.4% 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 Montrose (zip 48457)
- The Sales Tax Rate for Montrose (zip 48457) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose (zip 48457) 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 Montrose (zip 48457)
- The average income of a Montrose (zip 48457) resident is $25,257 a year. The US average is $37,638 a year.
- The Median household income of a Montrose (zip 48457) resident is $57,209 a year. The US average is $69,021 a year.