49451 Ravenna is a small city in Muskegon County, Michigan. The average two bedroom rent in this area is $980, which is much lower than the national average of $1,430. This makes it an attractive option for those looking for an affordable housing option. Moreover, the Grocery Cost Index in 49451 Ravenna is 94, which indicates that groceries are slightly cheaper here than the US average of 100.
In 49451 Ravenna there are several local businesses that help to contribute to the economy and give residents a range of options when it comes to shopping and dining out. These include Pick 'n Save Supermarket, Willow Bay Marina & Resort, and Short's Brewing Company. Other retailers located near Ravenna include Walmart and Meijer Supercenter.
Ravenna (zip 49451) has an unemployment rate of 7.5%. The US average is 6.0%.
Ravenna (zip 49451) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Ravenna (zip 49451)
- The Sales Tax Rate for Ravenna (zip 49451) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ravenna (zip 49451) 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 Ravenna (zip 49451)
- The average income of a Ravenna (zip 49451) resident is $21,418 a year. The US average is $28,555 a year.
- The Median household income of a Ravenna (zip 49451) resident is $67,321 a year. The US average is $69,021 a year.