Zip 48653 (Roscommon, MI) Economy


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United States / Michigan / No Metro Area / Roscommon County / No City / Roscommon (zip 48653)
Roscommon, Michigan is a small city located in the Northern Lower Peninsula of the state. It has a population of about 2,700 people and is situated in rural northern Michigan. The cost of living is much lower than in many parts of the US, making it a great place to live. Two bedroom apartments rent for around $810 per month, which is substantially lower than the national average of $1,430. Groceries are even cheaper here with an index rating of 90 compared to an index rating of 100 in the rest of the US.
Despite its small size, Roscommon offers plenty to do for locals and visitors alike. For those interested in outdoor activities, Roscommon has numerous parks as well as access to Lake St. Helen—a popular destination for boaters and anglers. Within the city itself there are also many restaurants, shops, and other businesses including Roscommon Fore Hardware Store, Driggers Auto Sales & Service, Plumb's Grocery Store & Pharmacy, and Tapper Automotive Group.

Roscommon (zip 48653) has an unemployment rate of 9.9%. The US average is 6.0%.

Roscommon (zip 48653) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Roscommon (zip 48653)
- The Sales Tax Rate for Roscommon (zip 48653) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Roscommon (zip 48653) 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 Roscommon (zip 48653)
- The average income of a Roscommon (zip 48653) resident is $36,269 a year. The US average is $37,638 a year.
- The Median household income of a Roscommon (zip 48653) resident is $56,725 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoscommon, MichiganUnited States
  9.96
  -4.4%-6.2%
  24.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,269$37,638
  $56,725$69,021
  $69,611$85,028
  Population by Occupation
  1.3%1.2%
  0.2%0.5%
  8.9%6.8%
  10.7%10.0%
  1.7%2.5%
  9.7%11.0%
  3.7%4.8%
  0.6%0.8%
  1.3%1.9%
  2.8%4.7%
  1.5%1.9%
  3.4%7.6%
  0.0%0.1%
  1.9%4.2%
  9.5%9.3%
  16.6%14.0%
  1.1%2.1%
  8.1%7.0%
  6.8%4.8%
  10.2%4.7%
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