Zip 48604 (Saginaw, MI) Economy


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Saginaw (zip 48604)
Saginaw, Michigan (48604) has a great cost of living for those looking to visit or live there. The median 2 Bedroom rent is $1,030 compared to the US average of $1,430 and the Grocery Cost Index is 90 in comparison to the US average at 100. Saginaw offers a variety of attractions such as The Dow Event Center, Japanese Cultural Center & Tea House and the First Merit Bank Event Park. There are numerous local businesses in Saginaw to check out such as Mayer’s Bakery & Catering, Robert’s Fine Jewelry and Rehmann Financial Group. With its low cost of living and variety of local attractions and businesses, Saginaw is a great place for anyone looking to visit or live in Michigan.

Saginaw (zip 48604) has an unemployment rate of 6.8%. The US average is 6.0%.

Saginaw (zip 48604) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Saginaw (zip 48604)
- The Sales Tax Rate for Saginaw (zip 48604) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saginaw (zip 48604) 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 Saginaw (zip 48604)
- The average income of a Saginaw (zip 48604) resident is $22,619 a year. The US average is $37,638 a year.
- The Median household income of a Saginaw (zip 48604) resident is $47,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaginaw, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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