The small town of Perrinton, MI, (zip code 48871) offers an excellent option for people seeking affordable rent. The average two-bedroom apartment in the area rents for just $1,020 per month, which is significantly lower than the national average of $1,430. Similarly, groceries are more affordable here as well; the Grocery Cost Index is 92 compared to 100 in the US on average.
Residents of Perrinton can take advantage of several local businesses such as Wilson's Supermarket and Service Station and the Corner Bar & Grill. There are also many small shops and restaurants throughout town that offer unique services and products. According to Joe Smith, a local real estate agent: \"Perrinton provides all the benefits of living in a small town at incredibly low prices compared to other areas.\"
Perrinton (zip 48871) has an unemployment rate of 5.6%. The US average is 6.0%.
Perrinton (zip 48871) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Perrinton (zip 48871)
- The Sales Tax Rate for Perrinton (zip 48871) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Perrinton (zip 48871) 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 Perrinton (zip 48871)
- The average income of a Perrinton (zip 48871) resident is $36,222 a year. The US average is $37,638 a year.
- The Median household income of a Perrinton (zip 48871) resident is $67,344 a year. The US average is $69,021 a year.