49879 Republic, MI is an up-and-coming area with affordable housing options for those looking to settle down. The average 2 bedroom rent in the Republic is only $900 per month compared to the national average of $1,430. This makes it an attractive option for those looking for a more affordable living situation. Additionally, groceries cost index in Republic is 89 versus 100 in the US, making it even more economical. \nRepublic also has many local businesses that contribute to its flourishing economy. Some of these companies include Main Street Meats, which offers fresh meats and produce; Copper Top Brewery, where visitors can find handcrafted ales and lagers; and Keweenaw Coffee Co., which serves organic coffee beans from around the world. \nOverall, 49879 Republic, MI is quickly becoming one of Michigan's most attractive places to live and work due to its low cost of living and diverse selection of local businesses. Those looking for a budget-friendly place to call home should consider this lovely town!
Republic (zip 49879) has an unemployment rate of 5.9%. The US average is 6.0%.
Republic (zip 49879) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Republic (zip 49879)
- The Sales Tax Rate for Republic (zip 49879) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Republic (zip 49879) 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 Republic (zip 49879)
- The average income of a Republic (zip 49879) resident is $20,495 a year. The US average is $28,555 a year.
- The Median household income of a Republic (zip 49879) resident is $40,833 a year. The US average is $69,021 a year.