Zip 49826 (Rumely, MI) Economy


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United States / Michigan / No Metro Area / Alger County / No City / Rumely (zip 49826)
Rumely, Michigan is a small village located in the Upper Peninsula of Michigan. With a population of 49826, Rumely is the perfect size for anyone looking for an area that offers all the amenities of larger cities without feeling overwhelmed. The 2 bedroom rent in Rumely is $830 which is significantly cheaper than the US average of $1,430; grocery cost index in Rumely is also lower than US average at 92 versus 100.
Rumely has a wide variety of local businesses including Indian Country Sports, Ojibwa Casino Resort and Steiner’s Pub & Grill. For outdoor activities, there are plenty of attractions to explore such as Little Lake Park and Rock Island State Harbor Park. There are also several nearby lakes such as Duck Lake and Tyrone Lake for fishing and swimming activities. With so many things to do in Rumely, it is an ideal place to live or visit.

Rumely (zip 49826) has an unemployment rate of 8.8%. The US average is 6.0%.

Rumely (zip 49826) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Rumely (zip 49826)
- The Sales Tax Rate for Rumely (zip 49826) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rumely (zip 49826) 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 Rumely (zip 49826)
- The average income of a Rumely (zip 49826) resident is $20,934 a year. The US average is $28,555 a year.
- The Median household income of a Rumely (zip 49826) resident is $23,529 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRumely, MichiganUnited States
  8.86
  -4.5%-6.2%
  28.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $15,013$37,638
  $23,529$69,021
Family Median Income 85028
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