49277 Rives Junction, MI is a great place to consider living in. The 2 bedroom rent for this area is relatively lower compared to the US average of $1,430 at only $1,040. This can be very helpful for people looking for more affordable housing. The grocery cost index here is also slightly lower than the US average as it stands at 94 instead of 100.
Regarding local companies, there are many businesses that call 49277 Rives Junction home. These range from small family-run stores like Kalmbach Feeds Inc., to larger businesses such as Phoenix Manufacturing Co Inc and Spartan Motors Inc. With a wide range of employment opportunities available in the area, it's no wonder many choose to live here.
Overall, 49277 Rives Junction offers an excellent cost of living considering its much lower rental prices and grocery cost index when compared to the US average. For those seeking a more affordable place to live while still having access to plenty of local businesses and job opportunities, this could be an ideal spot.
Rives Junction (zip 49277) has an unemployment rate of 5.9%. The US average is 6.0%.
Rives Junction (zip 49277) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Rives Junction (zip 49277)
- The Sales Tax Rate for Rives Junction (zip 49277) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rives Junction (zip 49277) 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 Rives Junction (zip 49277)
- The average income of a Rives Junction (zip 49277) resident is $25,890 a year. The US average is $28,555 a year.
- The Median household income of a Rives Junction (zip 49277) resident is $74,815 a year. The US average is $69,021 a year.