48748 Sand Lake, MI is a small town near the Wolf River. It is known for its tight knit community and quaint charm. The average 2 bedroom rent in 48748 Sand Lake, MI is $810, which is much lower than the US average of $1,430. Grocery Cost Index in this area is 90 versus 100 in the US. This makes it one of the most affordable places to live in Michigan. There are many local businesses that add to the unique charm of this small town. Some of these include Wolf River Hardware, Brown’s Country Market, Green Haven Garden Center & Nursery, and Joe’s Tavern & Grill. Each of these businesses contributes to the local economy as well as provides an enjoyable experience for residents and visitors alike.
Sand Lake (zip 48748) has an unemployment rate of 7.5%. The US average is 6.0%.
Sand Lake (zip 48748) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Sand Lake (zip 48748)
- The Sales Tax Rate for Sand Lake (zip 48748) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sand Lake (zip 48748) 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 Sand Lake (zip 48748)
- The average income of a Sand Lake (zip 48748) resident is $20,488 a year. The US average is $28,555 a year.
- The Median household income of a Sand Lake (zip 48748) resident is $42,361 a year. The US average is $69,021 a year.