Owendale, MI 48754 is a small rural town located in Michigan. It has a population of less than 500 people, making it a great peaceful getaway for those looking to escape the hustle and bustle of city life. The rent for a two bedroom home in Owendale is $810, which is much lower than the national average of $1,430. Additionally, food costs are quite low with the Grocery Cost Index being 90 compared to 100 for the US as a whole. Given its relatively low cost of living, Owendale makes an ideal location for those on a budget. In the area there are several small businesses including Colossos Pizza & Grill, McAlvins Grocery Store, and Lakeside Barber Shop that offer services to local residents at reasonable prices. All in all, if you're looking for an affordable place to live while still being close to nature, Owendale should be your first choice!
Owendale (zip 48754) has an unemployment rate of 5.7%. The US average is 6.0%.
Owendale (zip 48754) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Owendale (zip 48754)
- The Sales Tax Rate for Owendale (zip 48754) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owendale (zip 48754) 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 Owendale (zip 48754)
- The average income of a Owendale (zip 48754) resident is $29,099 a year. The US average is $37,638 a year.
- The Median household income of a Owendale (zip 48754) resident is $64,688 a year. The US average is $69,021 a year.