Muskegon, MI (49442) is a great place to live for many reasons. The average cost of a two-bedroom apartment is $980, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Muskegon is 91 versus 100 in the US. This means that the cost of living here is comparatively low and makes it an attractive option for those on a budget.
When it comes to local businesses, there are plenty to choose from in Muskegon such as BISSELL Block Apartments LLC, Mile Road Bar & Grill, Frohriep Hardware Co., Splash Pads Dog Park and Wash Room, Lakeside Roofing Co., Inc., West Michigan Industrial Tool & Supply Company, Americo Chemical Products Inc., and Highpointe Properties LLC. These companies employ many locals and provide quality services and products necessary for area residents.
Muskegon (zip 49442) has an unemployment rate of 12.4%. The US average is 6.0%.
Muskegon (zip 49442) 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Muskegon (zip 49442)
- The Sales Tax Rate for Muskegon (zip 49442) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muskegon (zip 49442) 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 49442)
- The average income of a Muskegon (zip 49442) resident is $14,561 a year. The US average is $28,555 a year.
- The Median household income of a Muskegon (zip 49442) resident is $43,943 a year. The US average is $69,021 a year.