48607 Saginaw, MI is a great place to live due to its affordability. The average two bedroom rent in 48607 Saginaw, MI is $960, which is significantly less than the national average of $1,430. Additionally, groceries here are 11% cheaper than the rest of the country.
In terms of business and attractions, 48607 Saginaw, MI has something for everyone. Companies in the area include Dow Chemical, Nexteer Automotive Corporation, Covenant HealthCare and Hemlock Semi-Conductor Corporation. In terms of leisure activities there are plenty of museums such as the Castle Museum of Saginaw County History and Children's Zoo at Celebration Square. There are also numerous parks and trails for outdoor activities like camping and hiking.
Saginaw (zip 48607) has an unemployment rate of 11.7%. The US average is 6.0%.
Saginaw (zip 48607) 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 48607)
- The Sales Tax Rate for Saginaw (zip 48607) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saginaw (zip 48607) 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 48607)
- The average income of a Saginaw (zip 48607) resident is $15,970 a year. The US average is $28,555 a year.
- The Median household income of a Saginaw (zip 48607) resident is $37,917 a year. The US average is $69,021 a year.