The cost of living in 49449 Pentwater, MI is below the national average, making it an attractive destination for individuals and families looking to save money. Rent for a two bedroom apartment in this area is estimated to be around $880 per month - much less than the US average of $1430. The grocery cost index in 49449 Pentwater, MI is also lower than the US benchmark at 97 versus 100. Local companies and businesses that call this area home include Pentwater Friends & Family Market, Pentwater Kayak Rental, Northside Mini Mart & Grocery Store, and Little Caesars Pizza. With its low cost of living and convenient location near rural amenities like Lake Michigan as well as urban corners such as Grand Rapids and Muskegon, Pentwater continues to be a popular destination for individuals seeking affordable housing options.
Pentwater (zip 49449) has an unemployment rate of 8.0%. The US average is 6.0%.
Pentwater (zip 49449) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Pentwater (zip 49449)
- The Sales Tax Rate for Pentwater (zip 49449) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pentwater (zip 49449) 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 Pentwater (zip 49449)
- The average income of a Pentwater (zip 49449) resident is $35,053 a year. The US average is $37,638 a year.
- The Median household income of a Pentwater (zip 49449) resident is $64,100 a year. The US average is $69,021 a year.