Zip 48876 (Potterville, MI) Economy


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Potterville, MI is a great place to live with a population of 4,887 people as of 2018. It has been described as a small town with big city amenities. The 2 bedroom rent in Potterville is $1,010 which is significantly less than the US average of $1,430 per month. Additionally, grocery costs are slightly lower than the national average, with an index of 94 versus 100 in the US.
Potterville boasts many local businesses that make it a vibrant and growing community. These include independent stores such as Made in Michigan and Potterville True Value Hardware; restaurants such as Bistro Leo and Bowls & Berries; and local services such as In Touch Massage Therapy and Fox's Barber Shop. Potterville also has several corporate employers located in town including Chrysler Corporation, Eaton Corporation and Regal Manufacturing Solutions.

Potterville (zip 48876) has an unemployment rate of 4.9%. The US average is 6.0%.

Potterville (zip 48876) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Potterville (zip 48876)
- The Sales Tax Rate for Potterville (zip 48876) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Potterville (zip 48876) 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 Potterville (zip 48876)
- The average income of a Potterville (zip 48876) resident is $26,947 a year. The US average is $28,555 a year.
- The Median household income of a Potterville (zip 48876) resident is $65,518 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPotterville, MichiganUnited States
  4.96
  -6.9%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,317$37,638
  $65,518$69,021
  $79,840$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  2.8%6.8%
  14.0%10.0%
  1.6%2.5%
  12.9%11.0%
  4.8%4.8%
  0.8%0.8%
  1.0%1.9%
  8.3%4.7%
  0.7%1.9%
  3.7%7.6%
  0.0%0.1%
  6.1%4.2%
  6.5%9.3%
  18.6%14.0%
  0.5%2.1%
  4.4%7.0%
  4.7%4.8%
  8.3%4.7%
Health