Zip 48655 (Saint Charles, MI) Economy


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Saint Charles (zip 48655)
The town of Saint Charles, MI, with a population of 48655, is an excellent place to call home. The two bedroom rent in this area is only $870 compared to the US average of $1,430, making it an ideal location for those looking for an affordable yet comfortable place to live. Additionally, groceries are significantly cheaper here than the national average; the grocery cost index in this area is 92 while the US index stands at 100.
To make this city even more attractive, there are numerous local businesses and amenities to enjoy. For example, St Charles Chiropractic Center provides top-notch chiropractic care while St Charles Family Dentistry offers comprehensive dental services. In terms of leisure activities, there’s something for everyone - from relaxing hikes in Morning Mist Nature Park to shopping trips in nearby Benton Harbor Mall or other shops in town. With so much to offer, it's no wonder that Saint Charles is such a great place to call home!

Saint Charles (zip 48655) has an unemployment rate of 6.8%. The US average is 6.0%.

Saint Charles (zip 48655) 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Saint Charles (zip 48655)
- The Sales Tax Rate for Saint Charles (zip 48655) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saint Charles (zip 48655) 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 Saint Charles (zip 48655)
- The average income of a Saint Charles (zip 48655) resident is $23,796 a year. The US average is $28,555 a year.
- The Median household income of a Saint Charles (zip 48655) resident is $63,007 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaint Charles, MichiganUnited States
  6.86
  -7.7%-6.2%
  22.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $30,556$37,638
  $63,007$69,021
  $70,509$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  6.1%6.8%
  24.1%10.0%
  2.8%2.5%
  11.9%11.0%
  4.7%4.8%
  1.2%0.8%
  1.0%1.9%
  1.9%4.7%
  2.1%1.9%
  2.8%7.6%
  0.0%0.1%
  2.5%4.2%
  5.6%9.3%
  17.1%14.0%
  0.8%2.1%
  3.8%7.0%
  6.0%4.8%
  4.5%4.7%
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