Saginaw, MI is a great city located in the area code 48601. The cost of living in Saginaw is very affordable with 2 bedroom rent costing only $890 compared to the US average of $1,430. The local grocery cost index is also relatively low at 88 versus 100 in the US. This makes Saginaw an excellent place for everyone to live and work. \nThere are many local companies that offer a variety of different services in Saginaw, including places like Essentials Automotive & Tire Care, which offers automotive repair and maintenance; Shaw's Plumbing, Heating & Air Conditioning, which provides plumbing and heating services; and One Stop Dental Care for oral health care needs. In addition to these businesses, there are also several shops around town that provide various items to meet your needs. Whether you’re looking for groceries, clothing, furniture or anything else you can think of – Saginaw has it all!
Saginaw (zip 48601) has an unemployment rate of 11.7%. The US average is 6.0%.
Saginaw (zip 48601) 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 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Saginaw (zip 48601)
- The Sales Tax Rate for Saginaw (zip 48601) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saginaw (zip 48601) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Saginaw (zip 48601)
- The average income of a Saginaw (zip 48601) resident is $19,196 a year. The US average is $37,638 a year.
- The Median household income of a Saginaw (zip 48601) resident is $34,030 a year. The US average is $69,021 a year.