Zip 49676 (Rapid City, MI) Economy


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United States / Michigan / Traverse City Metro Area / Kalkaska County / No City / Rapid City (zip 49676)
Rapid City, MI is a small town with a population of 49676 located in the northwest of the state. This town offers low cost living, with a two-bedroom rent of $850 compared to the national average of $1,430. Grocery expenditures are also low, with an index of 94 compared to the US mean of 100. Rapid City has plenty to offer for its residents with multiple attractions such as Mt. Olympus Water Park and Museum, Bronners Christmas Wonderland, and Dow Gardens; as well as local businesses such as Great Lakes Corned Beef & Deli and White Elephant Antiques & Collectibles. There's never a dull moment in Rapid City!

Rapid City (zip 49676) has an unemployment rate of 8.0%. The US average is 6.0%.

Rapid City (zip 49676) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Rapid City (zip 49676)
- The Sales Tax Rate for Rapid City (zip 49676) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rapid City (zip 49676) 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 Rapid City (zip 49676)
- The average income of a Rapid City (zip 49676) resident is $33,015 a year. The US average is $37,638 a year.
- The Median household income of a Rapid City (zip 49676) resident is $59,239 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRapid City, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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