Zip 49769 (Pellston, MI) Economy


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United States / Michigan / No Metro Area / Emmet County / Pellston / Pellston (zip 49769)
Pellston, MI (49769) is a small town located in the northern part of Michigan's Lower Peninsula. Pellston is home to approximately 732 people, and is a great place for those that appreciate a slower pace of life. The 2 bedroom rent in Pellston is $990 per month, which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Pellston is 90 versus 100 in the US. There are plenty of local companies near Pellston such as Walmart Supercenter, Big Boy Restaurant & Bakery, and Grandpa's Garage. With its low housing and grocery costs living in Pellston can be quite inexpensive making it an attractive place for retirees or those looking to enjoy a simpler way of life.

Pellston (zip 49769) has an unemployment rate of 7.5%. The US average is 6.0%.

Pellston (zip 49769) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Pellston (zip 49769)
- The Sales Tax Rate for Pellston (zip 49769) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pellston (zip 49769) 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 Pellston (zip 49769)
- The average income of a Pellston (zip 49769) resident is $19,898 a year. The US average is $28,555 a year.
- The Median household income of a Pellston (zip 49769) resident is $53,884 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPellston, MichiganUnited States
  7.56
  -8.2%-6.2%
  24.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,324$37,638
  $53,884$69,021
  $58,659$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  11.3%6.8%
  10.7%10.0%
  1.9%2.5%
  13.6%11.0%
  2.5%4.8%
  0.8%0.8%
  1.1%1.9%
  0.7%4.7%
  1.9%1.9%
  5.0%7.6%
  0.0%0.1%
  2.7%4.2%
  6.3%9.3%
  7.9%14.0%
  3.8%2.1%
  16.1%7.0%
  9.2%4.8%
  3.6%4.7%
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