Riverside, Michigan is a small city located in southwestern Michigan. It has a population of about 4,908 people according to the 2010 census. The cost of living is very reasonable, with a 2 bedroom rent coming in at around $920 per month. This compares favorably to the national average of $1,430 for 2 bedroom rent. Additionally, the Grocery Cost Index for Riverside is 92 versus 100 nationwide.
Riverside offers many local amenities including several restaurants and stores that residents can frequent for everyday shopping needs such as Walmart Supercenter, Aldi, Dollar Tree and CVS Pharmacy. There are also several small businesses located in Riverside such as Riverside Motel & Restaurant, Joe's Pizza & Subs LLC and Riverside Floral Company Boutique & Gifts. With its low cost of living and excellent local amenities, Riverside is an ideal location for families looking to start fresh or retirees looking for some peace and quiet.
Riverside (zip 49084) has an unemployment rate of 5.8%. The US average is 6.0%.
Riverside (zip 49084) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Riverside (zip 49084)
- The Sales Tax Rate for Riverside (zip 49084) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverside (zip 49084) 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 Riverside (zip 49084)
- The average income of a Riverside (zip 49084) resident is $25,580 a year. The US average is $37,638 a year.
- The Median household income of a Riverside (zip 49084) resident is $29,643 a year. The US average is $69,021 a year.