48750 Oscoda, MI is a small city in Iosco County situated along Lake Huron. The average 2 bedroom rent in 48750 Oscoda is $830, lower than the US average of $1,430 and the grocery cost index here is 89 compared to the national index of 100. There are many local companies in 48750 Oscoda that help drive its economy. Some of these companies include Northwinds Marine, an outfitter specializing in boats and canoe rentals; Oscoda Plastics, a plastics manufacturer; and EJ's Wood Shop, a custom woodworking shop. All three businesses have been serving the Oscoda community for decades and their contributions continue to be appreciated today.
Oscoda (zip 48750) has an unemployment rate of 7.5%. The US average is 6.0%.
Oscoda (zip 48750) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Oscoda (zip 48750)
- The Sales Tax Rate for Oscoda (zip 48750) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oscoda (zip 48750) 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 Oscoda (zip 48750)
- The average income of a Oscoda (zip 48750) resident is $23,800 a year. The US average is $28,555 a year.
- The Median household income of a Oscoda (zip 48750) resident is $42,145 a year. The US average is $69,021 a year.