Zip 49262 (North Adams, MI) Economy


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United States / Michigan / Hillsdale Metro Area / Hillsdale County / No City / North Adams (zip 49262)
North Adams, MI, with the zip code 49262, is a quiet city located in Hillsdale County. The 2 bedroom rent is $830, lower than the national average of $1,430. Grocery Cost Index in North Adams is 92 versus 100 in the US. North Adams has some notable local companies including Michigan Milk Producers Association, which provides dairy products to restaurants and grocery stores; PTC Communications Inc., which provides internet services; and Zablocki's Produce Farm LLC., a vegetable farm that offers pick-your-own produce for customers.

North Adams (zip 49262) has an unemployment rate of 5.4%. The US average is 6.0%.

North Adams (zip 49262) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for North Adams (zip 49262)
- The Sales Tax Rate for North Adams (zip 49262) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Adams (zip 49262) 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 North Adams (zip 49262)
- The average income of a North Adams (zip 49262) resident is $17,862 a year. The US average is $28,555 a year.
- The Median household income of a North Adams (zip 49262) resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Adams, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,548$37,638
  $42,500$69,021
  $56,667$85,028
  Population by Occupation
  4.2%1.2%
  0.8%0.5%
  7.3%6.8%
  27.0%10.0%
  3.6%2.5%
  9.6%11.0%
  4.0%4.8%
  1.3%0.8%
  0.6%1.9%
  1.5%4.7%
  1.7%1.9%
  2.5%7.6%
  0.0%0.1%
  2.3%4.2%
  3.1%9.3%
  19.5%14.0%
  0.8%2.1%
  5.2%7.0%
  2.7%4.8%
  2.1%4.7%
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