Zip 49274 (Reading, MI) Economy


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United States / Michigan / Hillsdale Metro Area / Hillsdale County / No City / Reading (zip 49274)
Reading, MI is a small city located in Hillsdale County with a population of 492 people. The 2 bedroom rent in Reading is $830 which is much lower than the national average of $1,430. Grocery Cost Index in Reading is 92 versus 100 nationally. This makes it an affordable place to live for those who are looking for a peaceful area close to nature.
Reading boasts many local businesses and attractions including Endure Horsemanship & Equine Center, Hillsdale County Fairgrounds, Wabash Cannonball Trail, The Village Inn Bar & Grill, Panache Boutique and more. It also hosts many annual events like Stuff the Bus Food Drive, Christmas on Main Street Parade and Holiday Open House at Garden Mart. For nature lovers there's plenty to explore such as the Little Long Lake Park or Hudson Mills Park where visitors can take part in fishing, hiking or camping activities.

Reading (zip 49274) has an unemployment rate of 5.4%. The US average is 6.0%.

Reading (zip 49274) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Reading (zip 49274)
- The Sales Tax Rate for Reading (zip 49274) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reading (zip 49274) 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 Reading (zip 49274)
- The average income of a Reading (zip 49274) resident is $18,190 a year. The US average is $28,555 a year.
- The Median household income of a Reading (zip 49274) resident is $50,735 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReading, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $24,482$37,638
  $50,735$69,021
  $61,438$85,028
  Population by Occupation
  3.3%1.2%
  0.3%0.5%
  9.5%6.8%
  23.7%10.0%
  1.6%2.5%
  10.0%11.0%
  3.6%4.8%
  0.8%0.8%
  1.5%1.9%
  2.5%4.7%
  0.4%1.9%
  2.6%7.6%
  0.1%0.1%
  3.8%4.2%
  10.0%9.3%
  14.9%14.0%
  0.7%2.1%
  2.9%7.0%
  3.8%4.8%
  3.8%4.7%
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