Zip 48049 (North Street, MI) Economy


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48049 North Street, MI is a great place to live with many amenities and attractions located nearby. The affordable 2 bedroom rent of $1,220 is below the average US 2 bedroom rent of $1,430, making it an attractive option for those who want to stay within budget. The local grocery cost index of 95 compared to the national US index of 100 also adds to this affordability. In terms of activities and convenience, this neighborhood boasts several local businesses including a cafe, restaurant, gym, retail store and library. Furthermore there are many parks in the vicinity providing plenty of outdoor options for recreation.

North Street (zip 48049) has an unemployment rate of 4.5%. The US average is 6.0%.

North Street (zip 48049) 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for North Street (zip 48049)
- The Sales Tax Rate for North Street (zip 48049) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Street (zip 48049) 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 Street (zip 48049)
- The average income of a North Street (zip 48049) resident is $27,444 a year. The US average is $28,555 a year.
- The Median household income of a North Street (zip 48049) resident is $79,665 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Street, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,002$37,638
  $79,665$69,021
  $98,951$85,028
  Population by Occupation
  0.0%1.2%
  0.6%0.5%
  7.5%6.8%
  24.6%10.0%
  1.1%2.5%
  8.9%11.0%
  0.9%4.8%
  1.8%0.8%
  1.7%1.9%
  5.3%4.7%
  2.0%1.9%
  2.6%7.6%
  0.0%0.1%
  5.2%4.2%
  8.4%9.3%
  11.0%14.0%
  0.0%2.1%
  7.7%7.0%
  1.8%4.8%
  9.1%4.7%
Health