Muskegon, MI is a city located in Muskegon County with a population of approximately 39,040 people. The cost of living in Muskegon is quite affordable; the average rent for a two-bedroom apartment is $840 which is significantly lower than the national average of $1,430. Grocery costs are also relatively low in Muskegon when compared to the national average; the Grocery Cost Index here is 93 versus 100 in the US. This city is home to several local businesses including Lakeshore Fitness Center, The Cheese Lady Muskegon, RockAround Sound & Lighting Co., and Elements Handcrafted Clothing Boutique. Muskegon has something for everyone and its affordability makes it an ideal place to live or visit.
Muskegon (zip 49440) has an unemployment rate of 12.4%. The US average is 6.0%.
Muskegon (zip 49440) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Muskegon (zip 49440)
- The Sales Tax Rate for Muskegon (zip 49440) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muskegon (zip 49440) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muskegon (zip 49440)
- The average income of a Muskegon (zip 49440) resident is $24,328 a year. The US average is $37,638 a year.
- The Median household income of a Muskegon (zip 49440) resident is $23,820 a year. The US average is $69,021 a year.