Zip 49083 (Richland, MI) Economy


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Richland, Michigan is a small town located in Kalamazoo County with the population of 49083. The cost of living in Richland is relatively low, with the average 2 bedroom rent being $960 per month. The Grocery Cost Index in Richland is 98 compared to 100 in the US. There are many local businesses available for residents to use such as Richland Super Market, Main Street Pizzeria, and C&D Hardware which provide groceries, food, and hardware supplies respectively. For other services such as banking and utilities, customers can find many larger companies like Fifth Third Bank and DTE Energy within driving distance from Richland.

Richland (zip 49083) has an unemployment rate of 5.1%. The US average is 6.0%.

Richland (zip 49083) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Richland (zip 49083)
- The Sales Tax Rate for Richland (zip 49083) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richland (zip 49083) 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 Richland (zip 49083)
- The average income of a Richland (zip 49083) resident is $45,828 a year. The US average is $37,638 a year.
- The Median household income of a Richland (zip 49083) resident is $98,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichland, 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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